Dramatic business drop-off has some remodeling companies taking extreme measures to stay solvent.
Comprehensive benefits packages can be the key to attracting quality employees to your team.
Retirement plans can benefit from some routine checks and maintenance.
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Most remodelers are control freaks. As a recovering remodeler, I hope I can say that without getting into trouble. When money gets tight, these remodelers tend to intensify their grip. Their employees feel that squeeze, and it doesn't feel good.
When employees work overtime, you are obliged to pay them time-and-a-half. That sounds expensive, but OT hours don't really cost 50% more than regular hours. In fact, under normal circumstances, overtime costs about the same as straight time.
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It's no secret that the remodeling process is not a pretty one. It's invasive; it's time consuming; it's stressful; and it's expensive. But the remodeler who is able to take that same process and make it feel like something different entirely -- something exciting, easy, even enjoyable -- is the...
When remodelers fall short of planned margins, it's usually caused by labor overages. Some of the problem can be traced to things like having to replace work that wasn't done right the first time, or employees who take 45 minutes for a 30-minute lunch. But underestimating the cost of labor is the...
An increasing number of suppliers are rethinking their policies to limit the benefits of paying with credit cards.
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Although it can be difficult to fit into the budget at first, the benefits of having office space outweigh the extra overhead.
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In the second installment of our three-part series on benefits, REMODELING examines the challenges involved in managing benefits, as well as the pros and cons of the most common approaches.