August 17, 2016
construction job costing

Job Costing – The Two Most Misunderstood Words in the Construction Industry

If you ask contractors if they job cost, a majority will respond positively. But do they really? There are two methods of job costing, which I call “passive” and “active”. “Active” job costing is much more effective in improving the […]
August 17, 2016
construction company job bonus plans

The Truth about “Per Job” Bonus Plans

Over the past 6 years, I’ve had the opportunity to examine the various types of bonus/incentive programs that are being used by contractors today. And, I have to say that there is not one perfect plan that I know of. […]
August 17, 2016
construction company bonus plan

The Just Rewards Plan – A Proven Alternative

The response to last month’s newsletter about the per job bonus program was tremendous. The newsletter touched upon a hot topic as I heard from many contractors that were experiencing the same problems with their per job bonus programs that […]
August 17, 2016
construction company foreman influence management plan

Which group has the most influence on the success of your company?

Did you know that a recent study discovered that construction foremen/superintendents are the most dissatisfied group with their jobs in the industry? That is a scary thought. There is no more single important group of employees in your company than […]
August 17, 2016
Making the Case for Sharing Job Cost Information

Making the Case for Sharing Job Cost Information

Many construction company owners are reluctant to share any job cost information with the person who should be most responsible for the successful completion of the work—the job foreman. And if you have that philosophy, you are robbing your company […]
July 29, 2016
Clog the Drain that is Sucking Your Profits

Clog the Drain that is Sucking Your Profits

I attended a lunch box meeting at an American Subcontractors Association chapter in central Pennsylvania in the late Fall. The ASA chapter had a prominent regional general contractor come in and discuss their company, their opinion of the local economic […]
July 29, 2016
Insane Pricing

Insane Pricing

In the economic climate of 2009 (when this post was written), the mantra had become, “The good news is we were low bidder. The bad news is we were low bidder.” Remember when it felt good if you were the […]