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Construction projects require a diverse array of skills and expertise to come together seamlessly. This is where contractors, the backbone of the construction industry, play a pivotal role. In the realm of construction, there are three main types of contractors: General Contractors (GCs), Specialty Contractors, and Subcontractors, each with their unique roles and characteristics.
General Contractors (GCs)
General Contractors (GCs) oversee the overall construction project from start to finish. They are responsible for managing all aspects of the project, including hiring subcontractors, scheduling, budgeting, and ensuring compliance with building codes. As the primary liaison with the project owner, they coordinate the entire construction process and act as the central point of communication. GCs often hold design-build contracts, where they control both design and construction aspects to improve collaboration and speed up project delivery.
Specialty Contractors
Specialty Contractors focus on specific trades or specialized work within a construction project. Examples include electrical contractors, plumbing contractors, HVAC contractors, carpentry contractors, masonry contractors, and painting & waterproofing contractors. They perform targeted tasks requiring particular expertise, such as electrical wiring, pipe installation, or installing HVAC systems, contributing essential elements to the overall structure. Specialty Contractors are often hired as subcontractors by General Contractors.
Subcontractors
Subcontractors are hired by the General Contractor to complete particular segments of the project. They can be Specialty Contractors themselves or contractors focusing on specific phases like framing, masonry, tile setting, or drywall finishing. Subcontractors do specialized tasks and report to the GC, who ensures their work fits into the schedule and quality requirements.
The categorization of contractors allows construction projects to leverage broad project management (General Contractors) along with specialized trade skills (Specialty and Subcontractors), ensuring quality, compliance, and efficiency across various building aspects.
Remuneration and Job Security
Contractors, including Elevator Installers and Repairers, Boilermaker Installers, and other high-paying contractor jobs like electricians, plumbers, ironworkers, pipefitters, sheet metal workers, drywall installers, and constructor equipment installers, can earn substantial salaries, with annual incomes reaching up to $97,000 for Elevator Installers and Repairers and $64,290 for Boilermaker Installers. However, contractors face job insecurity due to short-term contracts and limited notice periods, and sickness and redundancy pay are not available for contractors.
Starting a Contractor Career
To start working as a contractor, you can create a profile on a construction site, add your experience and skills, make a portfolio, and establish an online presence. Beginners can start as subcontractors to learn under the supervision of a General Contractor. It takes approximately three years to become a contractor. With a bachelor's degree, it takes four years, and seven years with a master's degree.
Specialty Contractors are licensed and experienced professionals in specific sectors like plumbing, electricity, drywall, and painting. They are often the cheapest but require more time, effort, and patience to hire.
Contractors need to keep track of expenses and may hire contractor accountants to handle these obligations. They are also responsible for additional administration tasks such as preparing and filing tax returns and annual accounts. The job of a contractor can be challenging, but it is also highly paid and can provide a solvent living. Contractors must always be on the lookout for new projects as their work is not guaranteed.
Careers in construction offer various opportunities beyond general contractors, including specialists in home-improvement areas like home-and-garden, such as carpentry, masonry, and painting contractors. These lifestyle professions provide essential elements for homeowners, ensuring quality improvements to their homes.
Subcontractors, hired by general contractors for specific project segments, can also benefit from a diverse range of career paths, including home-improvement and home-and-garden specialties, offering homeowners a comprehensive service for their living spaces. By leveraging these specialized trades, these contractors can enhance their career development and contribute to homeowners' satisfaction, both financially and in terms of their living environment.