Largest In The World?
At least one airline believes Dallas-Firth Worth International Airport is on path to become the largest airport in the world. Currently, the world’s third busiest airport, DFW is undergoing a wave of ambitious construction to…
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Eroding Employee Trust?
For employees, a company-sponsored retirement plan is a cornerstone of their financial future, and a tangible measure of their employer’s commitment to their well-being. Operational mistakes with the plan strike at the very heart of…
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Loyalty and Prudence Vs Forfeitures?
Legal contests continue, as long accepted 401k practices related to the handling of plan forfeitures come under courtroom scrutiny. Yet another in the wave of ERISA “forfeiture lawsuits” against retirement plans, which began popping up…
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Bid Less, Win More?
Not getting the job unless you submit a bid so low that you’re not sure how you’ll actually do the work? It’s probably time to shift out of the low-bid procurement grind. Pros say it…
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Cash Flow: Take Me To The River?
Flooded with cash? That’s one kind of flood construction business owners welcome, right? Staying on top of cash flow is always essential, but navigating opportunities, shifting demand, material costs, labor challenges, and inflationary pressures make…
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ERISA Litigation: So What, Now What?
Copying and pasting meeting minutes. Vague investment policies. Lack of prudent process around plan fees. Unclear protocols regarding the use of forfeited funds. These are all examples of sloppy retirement plan management practices that ERISA…
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Wondering What’s Next?
Market volatility? New investment possibilities? Guaranteed lifetime income options? Policy changes? Regulation? De-regulation? Confusion and uneasiness trigger fears for retirement savers, and plan sponsors too. Fear can propel hasty decisions, like halting contributions, panic-selling, or…
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Upskilling: The Race Is on
With the construction industry racing to successfully use technology to make work faster, more efficient and safer, it’s becoming evident that upskilling workers is key. In fact, business experts are pointing out that failing to…
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Hello There! Community Connections?
Even as the construction industry leans in to better leverage technology, human skills still count. In fact, successful builders find that abilities like listening, building rapport, story telling, and creating community connections are becoming more…
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