Historically, the construction industry has largely been a male-dominated field. In fact, according to the U.S. Bureau of Labor Statistics, women currently account for just 10.3% of those employed within the sector—a statistic that has been relatively steady for much of the past two decades.
The most impactful way for construction companies to drive down and increase control over major expenses, and find a solution to positively impact their future, is to be aware of their employee benefits costs.
You’re good at your job and you love what you do. However, every time you come to work, you risk suffering an injury. The construction industry is one of the most hazardous in the United States, and many of the injuries that occur on construction sites are caused by these top four hazards: falls, struck-by, caught-in-between and electrocutions.
The construction industry consists of companies that construct, maintain and repair buildings and other structures (e.g., roads, bridges and utility systems). This sector plays a vital role in the U.S. economy by keeping residential areas, commercial facilities and local infrastructure in good condition, thus supporting the safety and welfare of communities across the nation.
Employees are an organization’s first line of defense against cybercriminals. For this reason, they are also commonly targeted. In fact, the vast majority (88%) of data breaches are caused by employee mistakes, according to Stanford University. Unfortunately for organizations, a single mistake can result in costly losses, reputational damage and lost or stolen data.
Cyberattacks are on the rise in the construction industry. These attacks can shut down business operations, cause reputational damage and result in costly litigation and fines.
The construction industry is facing a labor shortage and struggling to find workers to meet the growing demands of the industry. With the expected growth in the construction sector, driven in part by the recently signed Infrastructure Investment and Jobs Act, the need for skilled workers is more critical than ever. However, several factors contribute to the labor shortage in the construction industry.
The market for commercial property insurance continues to be challenging. Here are several factors contributing to premium increases for commercial property coverage.
As the one-year anniversary of OSHA launching its National Emphasis Program for Heat approaches, it is important to revisit some key takeaways.
When purchasing any product or service, it makes perfect sense to associate a better RATE with a better PRICE.
