2021 Actual and 2022 Forecast
The Contractor Compensation Quarterly (CCQ) is especially designed for the busy construction executive that needs to keep abreast of competitive compensation and benefit levels within the industry.
Based on 209 companies in this 19th edition of the Construction Support Staff Salary Survey, excluding 0% projections, contractors are anticipating construction support staff wage increases to average 4.5% by year end, up from the 2021 actual increase of 4.4%. When we factor in those contractors who are freezing pay, the projected 2022 increase is 4.3%. Looking forward, we think 2023 support staff increases will likely mimic 2022 activity, unless construction conditions change.