Construction Union Payroll Changes

For many construction businesses, hiring unionized workers is an effective way to build a well-trained workforce. However, because of the diverse nature of unions and collective bargaining agreements, payroll-related rates and benefits are subject to frequent changes and can be a challenge to track and manage. What’s additionally tricky is that the union payroll and all union reports are expected …

Exploring Construction Payroll Labor Burden

Construction payroll burden means calculating the true total costs of an employee’s labor. This goes beyond hourly wage and includes all direct and indirect costs associated with employing a worker. Knowing how to properly calculate and understand payroll burden allows you to know the true cost of your projects. Failing to factor in payroll burden can lead to inaccurate estimates …

The Benefits of a Construction Payroll Service for Construction Professionals

With all the complexities involved in managing construction payroll, not to mention the time required to create a construction payroll report, weekly payroll processing can become a logistical nightmare. According to The U.S. Department of Labor’s calculations, one hour is required to create a payroll report of eight employees per week. This means that a company with 200 employees will need …

What Contractors Need to Bid on Government Contracts

If you’re looking to grow your construction business, government jobs can be incredibly profitable and a great addition to your project portfolio. However, these projects come with several additional considerations. Before bidding on government jobs, it’s crucial to make sure you have a plan in place for: Documenting and submitting certified payroll reports Safety certifications Union reporting Safety forms Minority compliance …

The Ins and Outs of Multi-State Payroll

Working in multiple states is a great way to attract skilled workers and create more profitable opportunities. However, it does come with its fair set of challenges that contractors need to navigate… namely having to process multi-state payroll. The issue with multi-state payroll is that a single mistake can have serious legal repercussions such as lawsuits and fines. According to …

The Benefits of Synching Payroll with Time Tracking

In the construction industry, the payroll process can be complicated. Legally, payroll has to be accurate under governmental regulations to avoid lawsuits, costly fines and liability claims. For your workers, payroll must be precise so that every worker is paid on time. To keep both the government and your employees happy, you have to ensure accuracy right from the start. The …

How to Handle Multi-State Payroll

When you’ve got multiple workers on multiple jobsites with multiple wages and multiple pay rates, maintaining accurate payroll can get extremely confusing. Multi-state payroll in particular brings about a variety of time-consuming regulations that require absolute accuracy. According to Independent Electrical Contractors, more than 5,000 cities across 17 states have their own payroll regulations and city-specific tax rules that construction …

How Can a Union Payroll Company Help Manage Payroll for Construction Companies?

Processing union payroll for a construction company is different from that of other industries. Construction companies with union employees have to deal with: Collective bargaining agreements (CBAs) Complying with specific union regulations Union dues Multiple jobs with multiple unions and varying pay rates Multi-state payroll and taxation Preparing and submitting reports Staying in compliance with the guidelines set by the …

The Benefits of Outsourcing Construction Payroll

For contractors who want to run a successful construction business, efficient payroll management is essential. Contractors striving for efficiency in this area are often impeded by the challenges presented by construction-specific payroll, including: Certified payroll reporting Multi-state and multi-rate payroll Union payroll In order to avoid the hassles associated with these challenges, many construction professionals are opting to outsource their …

Easier Construction Payroll in Just 4 Steps

There’s a lot to know when running construction payroll. From certified payroll to multi-jurisdiction payroll regulations, contractors have to keep tabs on a wide variety of elements to ensure they’re not only completing it accurately but in a way that complies with local laws and regulations. That’s why we’ve compiled the top four tips for simplifying your construction payroll to …