ourlinQ for Contractors
How It Works
Most contractors just want to build stuff. Focusing on the business is often an afterthought. However, the performance minded construction company has learned to track and improve a very specific set of key performance indicators (KPIs). They have also learned that regularly sharing the right KPIs with your team is one of the best ways to significantly improve your performance. We’ve learned that it’s performance inspiring magic to show real-time KPIs tied to their performance incentives.
Incentives for Your Construction Team
Project Delivery Team
Your project delivery team is the core of any construction company. The most used incentive rule for a construction focused team is project or job-based profit sharing. As the company profit margin and the project profit increases so does the incentive to each team member. Alternate incentive rules could be built using the following KPIs: billable hours, schedule, quality, business development, or client satisfaction.
Construction Division Leadership
From construction division leadership down to your marketing team and administrative assistants, each has a specific role in helping improve the bottom line of your business. Incentive solutions for each critical department in your organization are explained on the Department Solutions page. A typical incentive for a team or division leader is shown as an example below. Additional incentives for metrics that your division leader is responsible for could include team billability rate, production targets, division sales, division revenue, client satisfaction or employee satisfaction.
Building Your Construction Team Incentive Plan
Your system will come pre-populated with a proven incentive plan for your construction company. Simply upload your employees and assign an incentive template based on their role. You can start your incentive plan as is, or adjust bonus frequency, KPI targets, incentive amounts or add new incentive rules to fit specific initiatives in your organization.
