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The Great Recession Ain't Bad for Everyone

Posted 11-13-2009 at 01:26 PM by constructonomics
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Sure unemployment is at a staggering 10.2% in the US and while this seems like a horrifically high number (and it is), there are in fact 89.8% (give or take) of the people in this country that have jobs and while they feel sorry for the pour souls trying to live on unemployment checks, they aren't doing too bad at all.

I just read a CNN.com article about how after a tough year in 2008, banker bonuses will be up 40% in 2009. Thank God! Of course this includes banks that received tax-payer

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Yankee Stadium is a product of BIM technology

Posted 11-02-2009 at 11:59 AM by constructonomics
Tags

Remember when a pro sports stadium would only cost about $500 million or so to build? Ahhh, they were the good old days of seven or eight years ago. Now, we're putting up ballparks reaching dollar values well above $1 billion. The new Yankee stadium which opened for business this spring complete with a martini bar and steakhouse is the second most expensive sports arena ever built at $1.5 billion, next to London's Wembley Stadium which wasn't very much more.

While the 2009 World Series

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Did You Get Laid Off, Or Did You Get Fired?

Posted 10-24-2009 at 09:52 PM by constructonomics
Tags fired, laid off, laid off or fired

There is always a very thin line between getting laid off due to lack of work and getting fired, similar to the thin line between genius and insanity I suppose. I know a ton of people at the moment who are laid off (including myself), but my question is: were they really laid off, or did they get fired?


In order to answer this question, we need to put ourselves in the position of the business owner or executive. We must also keep in mind that these folks have one goal: make more

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Does Your Company Do Employee Reviews? I think I know.

Posted 10-20-2009 at 09:31 PM by constructonomics
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When was your last employee review? Now, I'm not talking about some pat on the back for a job well done, or a passive aggressive comment from your boss at the water cooler, I'm talking about a sit down, face-to-face, knock-down, drag-out, employee review. I doubt it was anytime soon.

In my brief (but eventful) tour through the working World, I have found that construction and engineering folk would rather slice off their fingertips with a diamond-blade grinder than give an employee

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I'm Looking for Bond, Construction Bond

Posted 10-19-2009 at 01:28 PM by constructonomics
Tags

In the eyes of an owner of a construction project a payment and performance bond is like that warm and fuzzy security blanket that takes all their troubles away. Bonding is one of those construction issues that I never fully understood. And I guess I still don't, but my knowledge probably quadrupled when I actually tried to obtain one for myself.

We've all heard of the requirement for contractors to be bonded and insured and this is especially the case when public entities are using

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About The Blogger

constructonomics

Since I was laid off from a commercial steel fabrication and erection contractor in March, I have been writing a construction industry blog and I'm working on the start-up of a construction managment company.

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