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How to Ensure Your Construction Payroll Follows Government Guidelines
Meeting government payroll compliance is a complicated, ever-changing process, subject to many regulations with strict penalties if not obeyed correctly. From adhering to the state minimum wage laws to more complex requirements, such as federal income tax calculations and record...
Why Should Your Construction Company Embrace Automatic Timecards?
Construction payroll processing is one of the most time-consuming elements of a construction business, and it’s also one of the most important operational tasks a company has to manage. Inaccurate payroll processing can lead to a drop in employee retention...
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...
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...
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...
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...
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...
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...