The unions have offered to help finance my project in return for their employment. Should I accept their offer?
Whether or not a contractor should employ union workers in a business deal is up to the individual; however, there are a couple of facts you should keep in mind when being approached with this sort of deal.
1. Compare the union wages to true market wages. Estimated market wages for the construction industry can be found on the bureau of labor and statistics website www.bls.gov a quick comparison will easily show you the markup when employing union workers.
2. Union contractors often have complicated work rules and payroll procedures that can add cost and time to your project.