- Jun 30, 2003
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The construction industry's labor shortage forced one business owner to raise hourly wages to $25 and pay $250 bonuses for working at least 30 days — and he's even started offering health insurance
The pandemic sparked a wave of home improvements but shrank the construction workforce, and now companies are scrambling to find labor.
Think of all the shareholder value that could have been, and instead is going to the people doing the thing.
Yes yes, I know plenty of builders are small businesses. Point being, rising wages for these kinds of jobs is excellent news IMO.
As I once read, you can't expect to live in the 1st world and not pay 1st world wages
On a semi-related note, I was talking to one of the machinists at work who's been here around 20 years I think? He makes 2/3 what I do, and he's 20 years older than I am. I feel like after that long and given his skills, he should be making as much as I do (I'm sure OT factors into his pay...but still)
