Hiring a young person can be an enriching and performance-boosting act. Young workers under the age of 25 account for around 8 percent of the construction workforce. Youth are enthusiastic and eager to learn and contribute to the team. They can be a true asset to the business.
There are differences that need to be addressed when hiring young workers compared to older, more experienced workers. First, youth are computer-savvy and often want to know where they’re going. They’re at a stage in life where they are new to the workforce and it likely will be necessary to offer them a career and not just a job. For contractors hiring young workers, here are three tips to help attract and retain this demographic. Continue »
The multibillion dollar market for remediation of groundwater and soil will continue to grow. Fueling this growth is a reduction in available water per capita. This is the prediction of the McIlvaine Company in its Site Remediation and Emergency Response Newsletter.
By the year 2030, the world population will rise from today’s population of 7.1 billion to 8.3 billion. Demand for water will increase 40 percent between 2011 and 2030. The population across the globe will need 6,900 billion cubic meters (BCM) of water in 2030. This total exceeds current sustainable water supplies by 40 percent. By 2030, the Organization for Economic Cooperation and Development estimates that nearly one-half of the world population will live in areas of severe water stress. Continue »
OSHA QuickTakes, OSHA‘s monthly e-newsletter, recently published several notices of information designed to help protect construction workers from a variety of workplace hazards. The Construction Industry Digest contains a summary in both English (80 pages) and Spanish (88 pages) of OSHA standards for construction safety. The agency also has published new fact sheets to help employers minimize exposure to silica when using construction equipment and a new web page warns of hydrogen sulfide exposure. Finally, OSHA reveals a study that finds a higher rate of roof fatalities among roofers in residential construction, particularly among younger, Hispanic, racial minorities and immigrant workers. Continue »
The oil sands of Western Canada are home to hundreds of active capital investment projects. Last year, investment was more than $19 billion and even greater expenditures are on the horizon, according to the latest forecast in Oil, Gas, Shale and Refining Markets and Projects published by the McIlvaine Company. Continue »
When the need for a tool, a piece of equipment or material unexpectedly arises on a project, especially a remote one, sometimes it just makes sense to reimburse employees for the purchases needed to complete the job. However, to reimburse employees for their purchases and avoid payroll taxes and taxable income to the employee, the reimbursements need to be paid under an accountable plan. Under an accountable plan, the reimbursements are not included in the employee’s W-2 form as taxable income and the employer can avoid payroll taxes on these amounts while still taking a deduction for them. Any reimbursements for personal non-deductible expenses are deemed to be compensation and are included in the employee’s wages and subject to payroll taxes. Continue »
The lackluster economic recovery from the recession masks some monumental shifts taking place in the United States. With the possible exception of social media, no major industry segment has been as dynamic as energy production. In fact, regional data indicate economic recovery has been most vigorous in energy-intensive states such as North Dakota, Texas, Oklahoma and Alaska. Continue »