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Construction Professionals

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Smart strategies can help builders looking for ways to deal with labor shortages. In many building trades, finding qualified workers can be difficult. But by using some clever tactics, builders can make the most of industry resources to help them get the job done. The solutions can include leaning on resources outside the company as well as upgrading the skills of the workers already in place. Use your labor well First off, make good use of the employees you already have. Employees want to do a good job, and job satisfaction inspires them to share their talents and ideas to improve your company’s output. Cultivate loyalty with communication and trust, and—by all means—delegate. “The smart delegation of decision-making can be a powerful productivity booster,” says Clark Ellis, principal of Continuum Advisory Group, a consulting firm to builders. Invest in training when you can and trust your managers to make appropriate decisions…

Builders are loyal to brands that offer the features, benefits and durability they require. With doors and windows, most settle on one or two brands that meet their price and performance specs, and that offer strong warranties they know the dealer and manufacturer will stand behind. The Bureau of Labor Statistics calculates overall input costs for different categories of construction. These are further broken out into different types of materials before averages are calculated. For instance, if oil prices rise steeply, the total input costs may rise even if many other materials, like lumber or copper, decrease. The fluctuations affecting your company may vary from the average due to the types of materials you are using. Since you can’t control input prices, you need to counteract the increases somehow. No matter your situation, you can survive rising costs by using new strategies. Here are some methods to help you manage…

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