Despite growing fear of a recession on the horizon, contractors continue to offer highly competitive compensation packages, approaching levels not seen in the industry in nearly two decades.
US Supreme Court justices rule that 2018 Washington state law allowing more federal and federal contractor employees to claim benefits related to cleanup work at US Energy Dept nuclear site violates the US Constitution.
Labor rates remain relatively steady despite pandemic upheavals, but analysts noted some short-term adjustments to compensation by construction employers in 2020 with ongoing labor shortages continuing to pressure wages.
While demand for experienced construction professionals runs high in many sectors, average compensation remains soft following the uncertainty created by the COVID- 19 pandemic.
