2022 Marcum Northeast Ohio Construction Survey

11. What do you see as the biggest threat to your business over the next 12 months? Banking (tightened credit) 5% Increase difficulty in securing bonding 3% Labor costs 5% Securing skilled labor 33% Lack of work 5% Material costs 25% Unfunded pension liability 0% The currrent political climate 11% COVID-19 9% Other, please list 4% 12. Over the past 12 months, what percentage, on average, have you increased the pay for your skilled labor force? We have not increased pay 3% 1-3% 29% 4-5% 29% 6-8% 25% >8% 14% 13. What are you doing to address the lack of skilled labor? (check all that apply) Increasing compensation 66% Conducting stay interviews 16% Performance evaluations 36% Partnering with trade schools/high schools 45% Employee recognition and appreciation programs 43% Other, please specify 13%

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