What is the first thing you think of when you hear the word 'currency'?

Most of us are going to think dollars, assets, or and other monetary measures of wealth. 

However, it's vital for companies to understand that when it comes to compensating their employees, dollars & cents are not all that matters. 

Construction companies today are facing growing challenges to attract & retain top employees. We have more & more vacancies opening as more senior members of our industry are moving on to pass the torch to a younger generation that has different priorities for what they want from a company to feel valued. 

In order for construction companies to stay competitive & adapt to meet these changes, they have to find meaningful non-monetary currencies to compensate their employees

 

In Ep. 4 of our Hot Takes Podcast, I sat down to discuss my best tips & tricks to unlock the value of non-monetary compensation.  

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Posted by Kevin Juliano

Kevin Juliano entered the construction industry as a laborer. Capitalizing on a degree in Communications, he was asked to move to project management and estimating after eighteen months in the field. Since then, he has served as a senior PM, senior estimator, manager of preconstruction, regional operations manager, and executive, all primarily in heavy civil and electrical construction. Kevin has also worked for Procore Technologies as a Senior Strategic Product Consultant. Kevin has earned a BA from Wheaton College, an MA from Northwest Nazarene University, an MBA from Colorado State University, and is currently working on his Doctorate in Business from St. Leo University.