Construction and engineering mergers and acquisition reached record highs last year and the sector continues to see incredible activity this year. These trends demonstrate the strength of the construction market, but also means firms need to rethink their hiring strategies. Merger and Acquisition Trends Between 2010 and 2017, the annual number of [...]
Commercial construction careers are as robust as they've ever been thanks to a strong U.S. economy. Yet, firms around the country continue to face staff and labor shortages leaving some of the most crucial positions in demand in commercial construction. We continue to consult with industry executives concerning the skilled labor crisis [...]
With engineering and construction unemployment rates at a record low, you should start thinking about hiring now. In other markets, you may have been able to wait to start the hiring process and it wouldn’t be the end of the world, but in this employment environment there’s no room to procrastinate. As [...]
There is strong growth potential for commercial construction professionals in preconstruction. With the right skills and experience, many construction professionals can achieve a 6-figure salary. Yet, construction firms need to stay competitive in their salaries and benefits in order to attract and retain top talent. Preconstruction managers and preconstruction directors have specific [...]
Given the current labor shortage, being able to hire strong qualified managers, is harder than ever before. It can be difficult to meet deadlines, stay in budget, and still maintain a quality level high enough to exceed the clients’ expectations. Yet, some contractors have managed to succeed in spite of these challenges. [...]
The demand for construction leadership positions, especially project managers, has increased steadily over the past few months. As a result, many hiring managers are choosing to work with search firms that specialize in the construction niche to help them find the best talent. Project managers play an essential part in the success [...]
With Memorial Day approaching, it’s a good time to acknowledge the important role veterans play in the construction industry. Vets are often great candidates for the construction industry. Many of the skills learned in the military transfer to construction, such as teamwork skills and attention to detail. With the right opportunity, military [...]
In March, the NSA unemployment rate in the construction industry fell to 5.2%. At the same time, the month of April saw a net increase of 33,000 new construction jobs. April experienced the lowest unemployment rates since at least 2000. These record numbers demonstrate the health of the economy and the construction [...]
One of the biggest challenges construction leadership has when it comes to winning over candidates is conveying a sense of stability. This is especially true if the candidate you’re after already has a job. Construction professionals are looking for job security, but construction work is unique in that it often involves relocation [...]
Some Detroit development projects have changed the makeup neighborhoods and created a few new jobs. Others will have long-lasting effects on the city as a whole. They might impact transportation, attract new residents to the city, or create major job opportunities. This list showcases the most exciting construction developments in Detroit right [...]
