Category: Business Development Sector

DATA CENTERS AND THE DIGITAL AGE

Data center work is in our wheelhouse. Since the dawn of the  Digital Age, the Powering America team has been training our workforce in installing and maintaining data centers across the  country. Today our resume includes working with all of the major providers of cloud-based data in the digital world from Fortune 500 giants to […]

A RAPIDLY CHANGING HEALTHCARE INDUSTRY

There is no segment of American industry undergoing as much change as healthcare.New hospital construction today now shares a significant percentage of project  investment dollars with clinics, urgent care, ambulatory facilities and additions and  renovations to existing structures. But no matter the patient destination, all are under pressure to be equipped to deliver high quality care while […]

GENERATING AMERICA’S INDUSTRIAL MIGHT

https://youtu.be/x9J6e5rDUWc All across America we see them: plants, factories, and refineries.All of these manufacture or produce the things we use without a second thought every day. But nobody knows better than the Powering America team the financial and environmental risk of the owner that must be satisfied before these facilities go on line. It’s been […]

NECA/IBEW TEAM HELPS AMERICA HARVEST THE WIND

Wind power is on the rise in the US – tens of thousands of megawatts of cumulative capacity generated by more than 45,000 turbines; the growing numbers are testament to its ability to power communities and the economy. A report from the U.S. Department of Energy concluded that, if wind power could reach 20 percent […]

International Brotherhood of Electrical Workers

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Companies With a Higher Level of Unionization Have Lower Average Employee Turnover

For one, the existence of unions could potentially lead to increased workforce stability. Using Sustainalytics’ Employee Turnover Score (where higher scores are better, indicating lower turnover levels), we can see that higher percentages of unionized employees are correlated with lower employee turnover (outside a dip at lower levels of unionization).

Companies With Higher Unionization Tend to Have Lower Uncertainty Ratings

Finally, among companies with higher levels of unionization, we see lower average Uncertainty Ratings as assigned by Morningstar equity analysts. While industry-specific considerations remain critical, a lower Uncertainty Rating requires a lower discount relative to the estimated fair value of a company before a stock is automatically assigned a non-3-star rating, given a slimmer range of potential future outcomes.

A Higher Level of Unionization Correlates With Improving Lost Time Incident Rates

A Higher Level of Unionization Correlates With Improving Lost Time Incident Rates

Similarly, companies with a higher percentage of employees covered by collective bargaining agreements tend to report stronger lost-time incident rate, or LTIR, performance over time, as measured by Sustainalytics’ LTIR Trend indicator. This indicator assesses the trend in a company’s LTIR by comparing the rate in a given fiscal year relative to its previous three-year average; again, higher is better. Better work safety performance may arguably translate into lower future costs associated with compensation for injury or death, alongside lower productivity losses.

Strategic Alliances and Scalability

The IBEW has dedicated teams of business development and workforce development staff that operate on a national stage. Their function is to bridge gaps, find resources and cultivate strategic partnerships to meet project demands in construction and manufacturing.

advocacy and Compliance

Advocacy and Compliance

IBEW Members and Representatives are well-versed in advocating for their communities and work opportunities within them. From town halls to Capitol Hill, we have a voice at the table. In addition to our tangible contributions, the IBEW believes our strong partnership within communities and throughout the permitting and political process is invaluable.

If you are looking to meet certain requirements or bench marks for your project we can help with that to. From Prevailing Wage to Apprenticeship to Local Hire, the IBEW maintains a dedicated staff that can help your company be successful no matter what the scope. With a national pool of members and resources, we believe that being part of the IBEW offers unparalleled opportunities in our industries.

qualified Workforce

Are you planning your next major project? Wondering how a qualified workforce can affect your timeline or bonding? Will your project or product be delivered on time, or within budget?

Whether you’re a sole proprietor or managing large electrical contracts we have the expertise to adapt to projects of any size accross North America.

The IBEW offers a diverse and skilled national workforce of over 700,000 members, plus connections to tens of thousands of non-members. When it’s time to staff your project, we’re ready to provide the qualified professionals you need.

Federal Incentives and Credits

Do you want to know how the IBEW can help you meet certain criteria for your project or with your workforce. The Inflation Reduction Act (IRA), Chips Act, and various Agreements set forth thresholds for things like apprenticeships and local hire. Not only can the IBEW help you meet those criteria but we are well versed and established in doing so. With existing tools for success, our benefit programs are not only cost-effective but also aid contractors in saving on payroll taxes.

The IBEW operates with a dedicated Government Affairs team based in Washington, D.C., alongside local and state lobbyists. Our team doesn’t just monitor and advocate for work opportunities but also possesses expertise in aiding employers in navigating industry policies and resources.

Affordable Benefits

Affordable benefits are beneficial for both employees and employers alike. We have spent decades building strong multi-employer plans. The Family Medical Care Plan enables us to maintain low costs for all involved parties. Providing paid retirement and healthcare coverage for workers and their families not only helps in securing great talent but can reduce payroll taxes too!

Apprenticeship and Training

The IBEW has a strong network of registered apprenticeships, working closely with employers to create effective training programs. This focus on apprenticeship helps improve workforce skills, lower employee turnover, and enhance the reputation of participating companies.

By partnering with the IBEW, companies can offer high-quality training and career growth for their workers, leading to a skilled and flexible workforce that benefits everyone involved.

With over 70 years of experience in construction apprenticeships, the IBEW and the Electrical Training Alliance also provide ongoing education to keep members updated on the latest technology. We collaborate with employers in the utility, manufacturing, and telecom sectors to create customized training programs and registered apprenticeships that meet their needs.