SDBJ SPECIAL REPORTS
Pacific Building Group of San Diego is hiring workers and getting ready for what Chief Executive Officer Greg Rogers sees as a dramatic improvement in the construction market.
School construction and other public projects helped Balfour Beatty Construction come through the recession, and the company is “pretty busy” coming out of it, said Brian Cahill, president of Southwest operations.
A strong balance sheet and demand for hotel and school construction helped Lusardi Construction Co. of San Marcos weather the recession, said Chris Hess, company vice president.
Some Construction Firms Face Challenge of Rebuilding Workforce to Meet New Demand
San Diego’s construction industry is starting to show signs of a slow recovery after a downturn during the recession that hit some segments especially hard while causing a less severe setback to others.
WORKFORCE: Demand Leads Companies in Key Industries to Fill Positions
San Diego’s labor market is looking up with more companies hiring local talent.
Of the 100 companies featured in the Aug. 18 issue of the San Diego Business Journal named among the “Best Places to Work” in San Diego County, only ten pay 100 percent of an employee’s health insurance premiums.
BENEFITS: Wellness Programs Are Part of Employee-Health Strategy
Employer wellness programs have grown rapidly in recent years in part to tackle skyrocketing health care insurance premium costs, with a side goal of improving the wellness and productivity of the workforce. Biometric screenings are a large part of wellness programs.
In a single decade Greg Lucier transformed a small biotech startup, Invitrogen Corp., with 1,500 employees into Life Technologies Corp., an international giant with more than 12,000 employees, 5,000 patents, 50,000 products and nearly $4 billion in sales in more than 180 countries.
FINANCE: Low Rates On Loans, Higher Rates On Savings Draw Crowd
Credit unions continue to gain converts and recently surpassed the 100 million mark in membership, according to the Credit Union National Association, the trade group representing nearly 7,000 credit unions.
Now in its fifth year, the Dodd-Frank banking reform law has had a profound effect on every bank, but smaller community banks say they’re feeling the impact from the added regulations far more than larger banks.
LAW: Proliferation of Lawsuits Emphasizes Scope of the Problem
A tidal wave of new lawsuits claiming retaliation against so-called whistleblowers has been hitting business owners in recent years.
LAW: Trade Secret Agreements Are a Must to Protect Assets
When it comes to protecting trade secrets, the biggest obstacle businesses often face is overcoming their employees’ inability to keep their work confidential. It’s human nature to share information, especially when you’ve learned something new and exciting, said Ned Israelsen, managing partner of the San Diego law firm of Knobbe, Martens, Olson & Bear LLP.