ECA Industry Update

Urgent: Participation Needed!

NECA has once again commissioned a study to provide a profile of electrical contractor officer and overhead personnel compensation and fringe benefits policies. We need your company's information to ensure we are providing a comprehensive landscape.

 

The study's data reflect the real-life experience of NECA-member firms, which makes it such a valuable tool for benchmarking compensation and benefit levels in the electrical contractor industry!


You can see a past version of this survey here


All respondents will receive a complimentary copy of the Officer and Overhead Personnel Compensation Study and a customized individual Company Compensation Report. Additionally, respondents will receive access to a comprehensive officer-level compensation calculator and an infographic of the study’s key results.


The survey is confidential and should take less than 30 minutes to complete. Feedback is due no later than July 19.

 

We greatly appreciate all participation. Thank you!


CLICK HERE TO COMPLETE SURVEY

NECA Announces 2024 National Award Winners &

New Academy Inductees


NECA has named this year's esteemed group of leaders in the electrical construction industry as 2024 national award recipients. NECA also announced the newest inductees in to the Academy of Electrical Contracting.  The awardees will be acknowledged during the upcoming NECA Convention in San Diego. Congratulations to all of the awardees!


Also, congratulations to the Chicago & Cook County Chapter, NECA awardees:


Rick Jamerson, NECA Governor, Jamerson & Bauwens Electrical Contractors, Inc.

Academy of Electrical Contracting


Mark Thomas, ECA Executive Vice President / Chapter Manager

Academy of Electrical Contracting, and the

Robert L. Higgins Association Executive Distinguished Service Award


Academy of Electrical Contracting:

Fellowship in the Academy of Electrical Contracting is one of the highest honors bestowed upon an individual in the industry. The Academy honors outstanding leaders in the electrical contracting industry, as it preserves and utilizes their wealth of experience and knowledge for the benefit of the industry. These individuals have rendered exceptional service to the industry and the National Electrical Contractors Association. Their service is continued and enhanced through their fellowship in the Academy. This is accomplished through the Academy’s Working Group, special papers presented by Fellows, participation in the Annual Meeting and the general camaraderie among Fellows.


Robert L. Higgins Association Executive Distinguished Service Award:

This national award was established in 1989 by the NECA Board of Governors. The award is to be presented to the staff executive or chapter manager who has made the greatest contribution to the advancement of the association either in a specific year or over a period of time. 


Again, congratulations to all of the awardees!


CLICK HERE FOR MORE INFORMATION


Click Here for the full list of Awardees

EDUCATION

NII 2024 Recruiting

The NECA Innovation Institute is actively building its 2024 – 2025 cohorts. Please refer to the attached information, program highlights, and interest form. We’re launching two cohorts in 2024 and would love to include your rising leaders in the mix.  

 

The program's annual cost is $6,000

 

Please reach out to innovation@necanet.org with any questions. 

 

NII Nomination Form and Brochure

EVENTS

2024 NECA CONVENTION & TRADE SHOW

SEPTEMER 28, 2024 - OCTOBER 1, 2024


Registration is OPEN!

Chapter Rooming Block is at the Pendry Hotel!

(Overflow is at the Margaritaville Hotel across the street)

-- However, you can register for the Margaritaville, initially. if you prefer. --

It is anticipated that the Pendry Rooming Block will fill, quickly!


Please visit www.necaconvention.org to register for the NECA Convention/Accommodations. The San Diego Convention Center is located at 111 Harbor Drive, San Diego, CA 92101, (619) 525-5000. Those who register early (on or before August 1, 2024) will receive the “early” price of $1,725 for members and $1,100 for the member’s spouse / guest. Those who register beginning on August 2, 2024 will receive the "regular" NECA Convention registration fee of $1,975 per NECA member, and $1,300 for the member’s spouse / guest. After you have registered, please e-mail a copy of your completed registration transaction to the Association office at registration@ecachicago.com.  This will allow us to have a record of your registration information, should you need any assistance after registering. We will have a number of Chapter events, as well. We look forward to seeing you in San Diego!


CLICK HERE FOR NECA EDUCATION INFORMATION - CONVENTION WORKSHOPS, ETC.


CLICK HERE FOR MORE CONVENTION INFORMATION

NECA This Week

Now Available: 2023 Financial Benchmarker Report

 

The highly anticipated 2023 Financial Benchmarker Report is now available! This is a detailed publication providing a comprehensible analysis of key financial data within the electrical construction industry. The Report allows contractors and financial professionals to evaluate their company’s performance and report on how it compares with the industry in regard to key ratios and interpretive commentary on liquidity, profitability, leverage, and efficiency. 


Purchase Now

Please contact education@necanet.org with any questions!

2024 Project Excellence Awards

Now Accepting Submissions:


The NECA Project Excellence Awards were established to honor member companies for their exceptional dedication, professionalism, and creativity in executing electrical projects across 13 diverse market sectors. 



Deadline to submit is July 14, 2024. 


Applications submitted must be based on projects completed in 2023. View more information and rules here.


Submit Your Project


2023 Winners

Document Crunch


Laying the Foundations For Better Contracts

Webinar: July 9, 2024 (1 pm -2 pm).


Contractors who sign up for the service will have exclusive access to an ELECTRI-specific solution through Document Crunch’s innovative platform.


Watch Demo Video



If you have any questions, feel free to reach out to Nancy Sheehy at nsheehy@documentcrunch.com.


Sign Up for Access


NECA Alert: (7/3/24)


NECA This Week (7/1/24)

NECA Government Affairs

 

April Update --


May Update --

 

Please click the link for a recent update from NECA Government Affairs. 

 

If you have any questions regarding the update, please reach out to NECA Government Affairs to: Hadlea Bender, Specialist at: (713) 870-8619 / Jared Karbowsky, Director, Government Affairs, National Electrical Contractors Association at: 443-975-2932 

Federal Announcements

 

Compiled by NECA Government Affairs:

Please click the link for the latest funding announcements and regulations the Federal Government has posted.

 

Click Here for Update - 6/4/24

ELECTRI Updates



  

ELECTRI June Recap


2024 Roatan Cross-Border Recap

 


ELECTRI International is thrilled to announce the development of an innovative and interactive key performance indicator (KPI) data benchmarking integration through the ELECTRI website collection feature on www.electri.org, made possible by a substantial donation from Graybar.


“Once we have gathered significant contractor input, we will be able to see the big picture for industry trends. This new ELECTRI website interface will gather leading data for our industry and help contractors of all sizes all across North America move into the digital age,” stated Josh Bone, Executive Director of ELECTRI.


ELECTRI's recent research identified 18 critical KPIs, including cash flow, budget vs. expense, hours burned vs. hours earned, safety metrics, backlog, revenue, invoice days outstanding, composite labor rates and more. You can download the complete list of 18 here: https://electri.org/product/top-kpis-for-electrical-contractors/. This new tool will provide comprehensive insights, enabling contractors to benchmark their performance and drive improvements.


ELECTRI Happenings

 

Wesco International has just launched a $100,000 scholarship program in partnership with ELECTRI International to support the next generation of skilled tradespeople in the U.S. electrical industry. Learn More about the NECA and ELECTRI Project Management Apprenticeship by contacting Anna Jochim.

 

Welcome to Helen McKinley: ELECTRI is pleased to welcome Helen McKinley to our team. Helen will serve as the Administrative Assistant for ELECTRI, and you should be hearing from her in the near future on matters such as pledge payments. She can be reached at Helen.McKinley@electri.org

 

New ELECTRI Research Engagement Hub! In order for ELECTRI’s research projects to provide valuable information, we need input and data from our contractors. ELECTRI has created a new webpage, the Research Engagement Hub, which will be updated throughout the year with new opportunities to be involved with ELECTRI’s research efforts. Please bookmark this page and visit it frequently to take part in ELECTRI’s research initiatives.  


Remember to Register for the ELECTRI Council Summer Meeting, July 15-17th in Boston. With well over 100 registrations, rooms are filling fast. If you have any questions, contact Laura.Holmes@electri.org .


 

ELECTRI appreciates your assistance with this research. If you have any questions about the research, please contact Amanda Harbison, ELECTRI’s Director of Research, at Amanda@electri.org.


 

ELECTRI International Quick Links

 

ELECTRI Meetings    ELECTRI Research    Council Room Sessions  Prefab 101 Videos    

ConTech & Coffee/ITea & Coffee  Think Like A Leader   

Construction Industry Alliance for Suicide Prevention


It is an unfortunate fact that construction has the highest rate of suicide of any industry in America. We lose about 53 out of every 100,000 members of our industry EVERY YEAR to suicide. We are four times the average of other industries. We have a crisis in construction and we need to do something about it. You can visit the Construction Industry Alliance for Suicide Prevention website and learn more. We urge all to take the pledge to STAND UP for suicide prevention and address it as a health and safety priority.


CLICK HERE FOR A "Stand Up for Suicide Prevention" Information Sheet.

SAVE THE DATES

July



July 15-17, 2024

2024 ELECTRI Council Meeting

Intercontinental Boston

Boston, MA


August



August 1-2, 2024

2024 Leadership Conference

Virgin Hotel

Chicago, IL





ecachicago.com
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