After years of historically high salary increases for construction staff, many employers appear to have hit the ceiling for the compensation bumps they can offer.
Executive compensation has been rising steadily since the pandemic, reaching a high-water mark in 2023. However, a cooldown in several market sectors could result in comp increases receding in the coming years.
Steve Sandherr, who will retire as the chief executive of the Associated General Contractors of America on March 31, is ENR MidAtlantic’s Legacy Award winner.
Despite the long and storied history of design and construction in the region, top young professionals prove that there’s always room to create a new chapter.