Integrity Recruits Offers 2008 Compensation Outlook for Construction-Related Industries

SACRAMENTO, Calif.--(BUSINESS WIRE)--Professionals in construction-related industries will continue to see overall compensation down in 2008, but companies are still hiring as they re-direct their efforts away from the residential markets, according to an international recruiting firm specializing in construction-related industries.

“Commercial construction may slow down in the next year or two, but for now it is benefiting construction companies, architects and engineers”

In its 2008 Compensation Outlook, Integrity Recruiting says companies continue hiring – but are focusing their business toward government and commercial construction.

“Construction companies and professional service firms are hiring and looking for talented individuals as they re-focus their businesses on government and commercial projects,” said Angel Ahumada, CEO of Integrity Recruiting. “Government spending on construction is up in many areas, including California, and these companies are actively pursuing that work as residential construction has come to a halt.”

The Compensation Outlook projects a rise in compensation for professionals working on public works construction projects, tourism-related industries and multi-family housing. Declines are expected for people in the single-family residential construction industry.

Integrity is a leader in filling construction-related positions. Launched in 2001, the company has grown to serve major markets throughout the United States and internationally, matching hundreds of qualified candidates in construction management, engineering and architectural jobs each year.

In all construction-related fields, companies are turning to people with strong financial backgrounds to help maneuver the economic downturn hitting the industry.

One hot area: anything to support alternative energy, including solar power and wind energy.

“The push for alternative energy provides opportunities for professional service firms,” Ahumada said. While commercial construction is slowing, it remains fairly active and another source of work for construction-related companies, he said.

“Commercial construction may slow down in the next year or two, but for now it is benefiting construction companies, architects and engineers,” Ahumada said.

Integrity’s outlook is based on a database of more than 40,000 professionals and the hundreds of completed executive searches Integrity performs each year in the U.S. and internationally.

In addition to partnering with companies looking to fill permanent positions in construction-related industries, Integrity also offers a consulting service to meet the demand from companies who need talented executives, but are not ready to make full-time hiring commitments.

For more information on Integrity, please visit www.integrityrecruits.com or call 916-218-6228. To view the 2008 Compensation Outlook, visit www.integrityrecruits.com/