2Q 2025 Cost Report: Compensation Hikes Slow After Consecutive Spikes in Recent Years
[ad_1] The hot pace of construction staff compensation is cooling. Following years of historically high salary increases, employers are reigning in pay for construction staff. Last year, base salaries increased by 4.6% on average, according to data from compensation consultant Personnel Administration Services. The pullback follows average
2Q 2025 Cost Report: As Steel, Aluminum Tariffs Rise to 50%, Feds OK US Steel Sale to Nippon Steel
[ad_1] On June 13, President Donald Trump issued an executive order clearing the $14.9-billion acquisition of U.S. Steel Corp. by Tokyo-based Nippon Steel. The move followed a national security review by the Committee on Foreign Investment in the U.S., a U.S. Treasury-led interagency group that also cleared