It is crystal clear that it is the technological solutions that have challenged the conventional notions for the basic structural support.
Last but not least, the building control technologies are also one more technological advancement that is helping construction companies to increase their profitability.
Return on Investment on Employees
The profitability of the general construction industry can also be revealed through the return on investment on employees.
In general, the return on investment on employees or also known as ROIE does make a great management accounting measure.
Hence, having construction employees who can really deliver great results is essential for the profitability of a construction company.
Actually, employees are the lifeblood of the general construction industry. As such, they are the ones that are mostly contributing to the profitability of construction companies.