Human Resource & Labor News
www.agc.orgMay 19, 2009 / Issue No. 2-09
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On the Inside
Immigration
DHS to Focus on Prosecuting Employers Who Hire Illegal Workers
New I-9 Form Now in Effect
Federal Contractor E-Verify Rule Suspended to June 30
Wages & Benefits
Construction Executive Salaries Rose 4.6% in 2008, Expected to Rise Further in 2009
Increased Unemployment Taxes Probable for Employers
Short-Term Changes for Health Coverage Certificates and Transit Benefits
Collective Bargaining
CLRC Issues Reports on Costs of CBA Terms and Conditions and on Labor Rate Trends and Outlook
Obligation to Make Local Fund Contributions on General Presidents Maintenance Agreement Projects Turns on Whether Contractor Signed Local Agreements
Supreme Court Clarifies Enforceability of Arbitration Clauses in Collective Bargaining Agreements
Open Shop
NLRB Finds Laborers Unlawfully Threatened to Picket Job with Nonunion Contractor
Events
Hot Topics in Construction Labor Law Covered at AGC's Annual Symposium
Wages & Benefits
Construction Executive Salaries Rose 4.6% in 2008, Expected to Rise Further in 2009
 

Construction executive salaries increased an average of 4.6 percent in 2008, according to the latest Contractor Compensation Quarterly published by PAS, Inc.  Although last year's increase was not as significant as the 5.4 percent increases reported in 2006 and 2007, buying power for those executives who received raises still rose in 2008, as the inflation rate remained unchanged at zero percent.

Anticipated increases reported to PAS indicate that construction executives given raises in 2009 will receive an average increase of 4.35 percent, which equates to an overall average of 3.7 percent when companies anticipating increases of zero percent are taken into account.  Based on past practices, however, PAS projects that increases will actually average 4.0 to 4.7 percent by the end of the year.  These increases are substantially higher than the 3.1 percent average increase across all U.S. industries forecasted by WorldatWork. 

The following table shows the average base salary for benchmark positions in construction paid in 2008 and anticipated in 2009, as reported by PAS: 

Position

2008

2009

Board Chairperson

$283,000

$285,000

Senior VP

  169,000

  170,000

VP of Operations

  142,000

  142,000

VP of Estimating

  128,000

  130,000

General Superintendent

  110,000

  112,000

PAS's complete Executive Compensation Survey for Contractors report - which also covers fringe  benefit information and breaks data down by type of construction, geographic location, company revenue, and other characteristics - is  available for purchase from PAS.  For more information, go to  www.pas1.com, or call 1-800-553-4655 and ask about the AGC-member discount

Jeff Robinson, president of PAS, Inc., will co-present "Maintaining a Strong Compensation Plan During Tough Times" at AGC's HR Professionals Conference in Atlanta, GA, October 27-29, 2009.  Mark your calendars and stay tuned for more details.

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