BUILDER sibling Remodeling takes a look at benefits across various construction operations in this piece from Vincent Salandro.
If you’re like most remodelers and builders, you’re having trouble hiring new workers. One reason why could be benefits packages that don’t match what big companies offer.
Compared with companies in all industries that have at least 100 employees, remodelers and small builders are:
· Three to 21 percentage points less likely to offer health insurance;
· 13 to 18 points behind big employers on offering dental insurance;
· Up to 25 points less likely to have a 401(k) retirement plan; and
· Up to 55 points less likely to offer life insurance.
About the only area where builders and remodelers match the big guys is in paid time off.
