What Do the Top 600 Trade Contractors in the Country Have in Common?

Below you will find New York and New Jersey trade contractors that have been included in ENR’s top 600 speciality contractors of 2012 list. Want to see something interesting? The average experience mod of the companies we found below is a .866! This shouldn’t come as a surprise. Companies that have low mods have a much lower cost structure. As a result they can get more bids, have a higher revenue, and be on lists like this. In addition to the straightforward correlation between low workers comp costs and high revenue, a low mod is almost always an indication of a well run company in general.

“These companies have trained themselves for downturns, have managed to keep plugging away, pacing themselves, until they can see the finish line–a strong recovery.” This is especially true for large subcontractors and specialty-trade contractors that endured the “summer of recovery” in 2010, which never materialized, the planned rebound in 2011, which failed to gain traction, and a hoped-for election-year bounce throughout 2012, which barely registered.(ENR)”

If you’re serious about growing your business and gaining a competitive advantage against your peers contact a risk advisor about our Comp Care product today. If you qualify, Comp Care has the ability to lower your direct and indirect workers compensation costs by 30% or more in 12-18 months.

*note stopped at top 500

Data summary:
Industry Average = 1.0 ( Like getting a C on your report card)
Top 15 NY/NJ records Average Mod = .8666
Mods above average on list = 2