News

In addition to meeting frequently with FASB over the past ten years on critical issues and focusing significant member and staff time recently to issues such as multi-employer disclosure and revenue recognition, AGC joined a construction industry group established to advise the Financial Accounting Standards Board (FASB) on its proposed accounting standards update on multi-employer plan disclosure.
AGC of America’s HR Network is now known as the HR Forum.  The HR Forum will continue to operate under its existing structure, allowing all AGC members and Chapter staff who have an interest in construction-industry HR issues to connect and interact with each other, keep pace with the latest construction HR developments, and participate in association policymaking on HR matters.
The Wage and Hour Division (WHD) of the U.S. Department of Labor recently created a YouTube video explaining the Davis-Bacon Act, the law that gives the department authority to determine the payment of local prevailing wage and fringe benefit payments for laborers and mechanics working under construction contracts with the federal government and the District of Columbia.   The 14-minute video includes an overview of the Davis-Bacon Act and its application to projects funded through the American Recovery and Reinvestment Act of 2009, and additional resources available to the public.
Only 13.7 percent of the 6.103 million workers employed in the construction industry in 2010 were represented by a union, according to data recently issued by the Bureau of Labor Statistics (BLS).  This reveals a drop from the 15 percent of 6.613 million construction employees represented by a union in 2009.  
Planning is under way for two of AGC’s most sought-after annual conferences, the HR Professionals Conference and the Training, Education and Development (TED) Conference.  For 2011, the conferences will be co-located in Kansas City, Missouri, October 3-5, with separate tracks for each conference.
Given these challenging economic times when a job is won by the smallest margin, companies that ensure the effectiveness of their people beyond their technical skills are the ones who not only survive, but thrive. Attend a special session on executive coaching at AGC’s 92nd Annual Convention.
The U.S. Citizenship and Immigration Services (USCIS) of the Department of Homeland Security recently released a revised version of its “Handbook for Employers: Instructions for Completing Form I-9.”  Release of the January 5th edition of the handbook comes just two months after an AGC-attended stakeholders meeting hosted by USCIS on the usability of the Form I-9 and the employment eligibility verification process.
Attend this session during AGC’s 92nd Annual Convention to learn the steps and process to develop technically brilliant engineers and contractors to savvy and strategic thinking business and team leaders.
On January 5, Pres. Obama nominated Democrat Lafe Solomon to be general counsel of the National Labor Relations Board and Republican Terence Flynn to be a member of the Board.  The nominations have been sent to the Senate for confirmation.
The National Labor Relations Board (NLRB) has issued a proposed rule requiring employers to post notices informing employees of their rights under the National Labor Relations Act (NLRA).  The proposed rule establishes the size, form, and content of the notice, and sets forth provisions regarding sanctions and remedies for noncompliance.