Construction employers beating wage inflation

Salaries in the construction industry are falling behind in real terms, as inflation outstrips par rises a new study shows.

Zaha Hadid Architects sees profits eaten up by soaring staff costs

The Architects’ JournalZaha Hadid Architects sees profits eaten up by soaring staff costs Zaha Hadid Architects (ZHA) saw its pre-tax profit plummet by more than 90 per cent last year, according to results filed with Companies House this week The post Zaha Hadid Architects sees profits eaten up by soaring staff costs appeared first on The Architects’ JournalGreg Pitcher

Weekly labour rates break £1,000 barrier, reports payroll firm

Big infrastructure jobs and post-Brexit labour shortages push up pay packets

Subbie rates pass £1k a week

Average weekly earnings for construction skilled trades have broken through the £1,000 barrier, according to a leading payroll firm.

Government gives developers six weeks to sign up to housing safety contract

The government has given developers six weeks to sign up to legally binding agreements to pay to replace unsafe cladding on buildings.

Tomorrow's Build - This Volcano-Powered 'Bitcoin City' is Coming to El Salvador 01022022

El Salvador is doubling down on its Bitcoin gamble in some style. But will it pay off? The video highlight the geothermal energy from Tecapa Volcano used for Bitcoin mining Also, geothermal energy from Conchagua Volcano is planned for the new “Bitcoin City”

Building Magazine - The Uber effect in construction, 07042021

What a recent ruling on employment status could mean for the building industry: The Supreme Court has recently upheld the decisions of the Employment Tribunal, Employment Appeal Tribunal and Court of Appeal that Uber drivers are “workers” and so are entitled to various statutory rights including the right to be paid the minimum wage and holiday pay. The ramifications of this case are not limited to Uber drivers

Is it reasonable and market standard for a performance bond guarantor to restrict liability to pay until after completion of the guaranteed works?