Best PracticesMore Like This

Business leaders have always been scrutinized for their decision making. In 1914, Henry Ford was both denounced as a fool and praised for doubling wages of factory employees from $2.34 to $5 per day. In 1987, Merck & Company decided to give away a cure for river blindness for free, an unfathomable choice for most pharmaceuticals, because they recognized the cost of the drug would be too high for impoverished international markets.

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Managing Your BusinessMore Like This

Businesses worldwide lose five percent of revenue each year due to occupational fraud committed by their very own employees, according to the Association of Certified Fraud Examiners’ Global Fraud Study for 2016. In 94.5 percent of fraud cases, perpetrators took some effort to hide the fraud by creating or altering physical documents.

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Best PracticesMore Like This

Typically, disruption in the workplace is counterintuitive to productivity. But in terms of creating innovative ways to manage people, processes and technology, the concept of “disruption” isn’t such a bad thing for the construction industry. Change is stirring whether contractors are ready for it or not, and firms that have adopted new ways of managing scheduling and workflows are seeing stellar results—earning the accolades of repeat projects for key clients, as well as happy project partners.

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HRMore Like This

Just as the Department of Labor (DOL) proposed major changes to the nation’s overtime rules in 2015 (taking effect Dec. 1, 2016), the DOL also doubled down on its “misclassification initiative.” By collaborating with several states through work-sharing agreements, the initiative is designed to promote information sharing and coordinated enforcement efforts against independent contractor misclassification.

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Corporate StrategyMore Like This

Independent contractors and employees are not the same. Classifying a worker as an independent contractor, rather than an employee, may appear at first glance to result in financial savings and reduced liability. But the consequences of using one classification versus the other may mean the difference between tax obligations, compliance with regulations governing wages and discriminatory actions, obtaining workers’ compensation insurance and providing employee benefits.

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Labor ManagementMore Like This

Construction and facilities services employees ranked top for overall employee happiness in a 2015 Best Industry Ranking Report by TINYPulse, a firm that helps companies improve employee morale. Employees were surveyed from 12 industries, including technology and software, health care, hospitality and entertainment. Check out this infographic by NCCER on what leads to workplace satisfaction and what drives employees away. Continue »