For many business owners, it is estimated that as much as 80 to 90 percent of their net worth is tied up in the value of their company.

The COVID-19 pandemic has had a well-documented impact on the U.S. economy, the construction industry and real estate.

Construction has been one of the last industries to adopt technology. That’s partly cultural—folks in the industry like to solve problems with their own ingenuity.

As a college student in the early ’90s, Erik Santiago thought his construction degree would lead him to work for a general contractor.

With ransomware attacks on high profile businesses like Colonial Pipeline and JBS Foods in the headlines, construction managers at organizations of all sizes are increasingly asking, “Are we vulnerable too?” or even “Are we next?”

Every business looks for opportunities to grow revenues, increase profitability, and boost market share.

As 2020 drew to a close, the U.S. Congress passed the Consolidated Appropriations Act, 2021, a massive $900 million coronavirus relief bill combined with a $1.4 trillion omnibus spending bill.

As more Baby Boomers enter retirement, the need for skilled workers is increasing across the American economy. The construction industry is not immune. Add on the struggle with convincing young people that a college degree isn’t always the ticket to a good life and skilled trades are a viable career choice. How can the construction industry recruit good talent?

The Fair Labor Standards Act was passed more than 80 years ago, and since then, the United States Department of Labor has struggled to define the term “independent contractor.”