According to the latest Contractor Compensation Quarterly (CCQ) published by PAS, Inc., construction support staff wages are to rise by an average 3.6%. The prediction is based on data gathered from over 199 companies in the 18th edition of PAS’s Construction Support Staff Salary Survey. This is lower than the actual increase of 3.8% for 2020, but at the moment, PAS expects actual year-end 2021 to come in higher than the 3.6% reported in the survey and 2022 even a little higher. Demand for all employee levels continues, including those who support contractors’ operations and financial professionals.
Additionally, according to PAS’s 2021 Benefit Survey, more firms have improved their benefit programs than have reduced them. In 2021, the percentage of firms improving their benefit programs was 27.1% versus 0.6% reporting reducing their benefit programs. Benefit costs remain to be 25% of base pay and cost sharing continues to show to be an effective means to healthcare affordability as the use of deductibles appears to motivate employees to manage their healthcare dollars.
Need a survey now? PAS offers AGC members a special discount to access PAS products. For more information, contact PAS by phone at (800) 553-4655 or www.pas1.com. You can also find more information & compensation data here (must be signed in with your AGC of America credentials to access).
Jeff Robinson, president of PAS, Inc., is a regular sponsor and presenter at AGC’s Construction HR and Training Professionals Conference.