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B3 - Compensation Challenges in Construction - the Good, the Bad & the Status Quo 
June 29, 2015   2:45pm - 4:00pm
  Synced Audio / Video / Slides

Base pay continues to grow to competitive levels, while variable pay is decreasing in key job families and employees are taking on more cost sharing of major benefit programs. With limited compensation dollars available, contractors must make strategic decisions on how to distribute pay to ensure they meet their compensation goals. Attendees will leave with a greater understanding of industry pay practices and the next steps necessary to ensure successful employee recruiting and retention efforts.

Learning Objectives:
  • Assess the impact of current pay trends and practices and how they affect your 2015 and 2016 compensation planning.
  • Distinguish pay practice variations among contractor types and construction sectors, and show why these differences may control your next steps.
  • Pinpoint ineffective compensation practices that sabotage your workforce retention efforts.
  • Develop the actions necessary to realign your compensation package with the marketplace, ensuring an effective recruiting and retention program

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