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Pay and benefits

Pay and benefits
Contractors to Pay Record $1.28M for Wage Violations in Minnesota
The construction projects included the upscale, mixed-use development by the owners of the Minnesota Vikings near the NFL team's stadium.
April 30, 2026
Legal Judgment Gavel Getty Images 1133623543
Recruiting & retention
Report: Construction’s Average Age Rises While Retirement Plans Lag
As the average age has increased, so has the number of workers 55 and older, yet only a quarter of workers have retirement plans, according to CPWR.
March 7, 2025
older bearded worker in yellow hard hat carrying pipes on jobsite
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April 30, 2026
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Contractor of the Year
Video: Small Contractor Retains Employees Through Top-Tier Benefits
Schier Construction has a waiting list for openings and little turnover, returning about 80% of profits to employees in bonuses, vacation, retirement.
November 20, 2024
Maxresdefault 673b628c35857
Construction Equipment
Port Strike: Contractors Could See Material Price Increases, Delays
The strike is set to impact imports of construction materials and equipment, possibly leading to increased wait times and prices.
October 3, 2024
shipping containers at the port of jacksonville
Market Pulse
Heavy Equipment Operator Pay & Benefits: 2024 Report
Pay is skyrocketing but it's still not enough to fill positions in the chronically understaffed profession, according to our new survey.
July 29, 2024
Heavy equipment operator
Pay and benefits
New Overtime Rules Hit Contractors, But Legal Challenges Mount
Construction contractors and other employers are now faced with new, expanded federal overtime rules for employees.
July 19, 2024
stock image worker in yellow vest hard hat taking notes by large dozer
Business
Equipment Operators End Strike at Wisconsin Construction Sites
Hundreds of union members get wage increases under new agreement.
June 20, 2024
Local 139 IUOE members picket in wisconsin
Pay and benefits
Equipment Operators on Strike at Wisconsin Construction Sites
Members of the Local 139 of the International Union of Operating Engineers seek higher wages, citing rising inflation.
June 13, 2024
local 139 iuoe union picket sidewalk in front of crane construction site
Pay and benefits
CNH, Union Avert Strike at Case Wheel Loader Plant in Fargo
The IAM Local 2525's ratification of the new contract comes a week after the union voted to hold off on a strike for a week.
May 6, 2024
IAM Local 2525 members gather to hear new CNH contractor offer
Workforce
Union Rejects CNH Offer at Case Wheel Loader Plant in Fargo
About 700 union employees seek higher pay, better healthcare and increased job security. Their current contract expires May 3.
April 30, 2024
Case wheel loader dumping into truck
Regulations
AGC Sues to Stop Biden's New Labor Rule on Federal Construction Projects
The new rule would essentially require unions to be represented on all federal construction projects over $35 million.
January 11, 2024
crane above building being constructed
Pay and benefits
Mack Trucks UAW Workers Go on Strike
The United Auto Workers union informed Mack Trucks Sunday night that its members rejected a new five-year collective bargaining agreement.
October 9, 2023
Mack MD Series production line
Pay and benefits
Construction Group Opposes Proposed Federal Overtime Rule
ABC argues contractors still face uncertain economic conditions, and the rule would lead to costly red tape.
September 6, 2023
worker climbing into equipment cab
Regulations
Biden Administration Boosts Construction Wages on Federal Projects
The first update to the rule in more than 40 years will increase pay and protections for 1.2 million workers.
August 9, 2023
road paving project
Recruiting & retention
New Report Details How Construction Companies Can Attract and Retain More Women
A good salary might get women through the door, but these three things will ensure they stay.
June 30, 2023
woman working on a construction site
Market Pulse
Heavy Equipment Operator Salary & Benefits: 2023 Report
Why do contractors struggle to attract talent? Operators and managers overwhelmingly agree on this factor.
June 7, 2023
Excavator operator
Business
Caterpillar Union Workers Ratify New 6-Year Labor Contract
The new contract included a $6,000 ratification bonus, a 19% increase in pay, 8% worth of lump-sum payments, larger night shift premiums, and a bump in retirement contributions.
March 27, 2023
CAT Next Gen Wheel Loader 972
Pay and benefits
Striking Union Members Reject CNH's 'Last, Best, Final' Offer
Workers are split 55%-45% between continuing the strike and returning to work at the Case and New Holland plants.
January 9, 2023
CASE 921GXR
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Top Stories
Bluelight Autonomous Retrofit Kits For Construction Equipment
Autonomous
Iron Insider: How Bluelight's $50K Autonomy Kit Can Boost Productivity Up to 14%
No operators? No problem. Turn rollers and haul trucks autonomous to boost production and improve safety — no new equipment needed.
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Compact Excavators
Sneak Peek: Link-Belt Reveals Next-Gen 80 X4 Excavator with Yanmar Engine
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Scag Teases Its First Small Articulated Wheel Loader
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Construction Equipment
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Equipment World Contractor of the Year
The Contractor of the Year contest recognizes contractors who have annual revenues of between $3 million and $20 million and exemplify the highest standards of construction professionals.
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