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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...
How to Calculate Labor Burden and Its Impact on Construction Payroll
Labor burden significantly impacts construction payroll, with employment costs adding 24-70% on top of base wages. Calculating labor burden gives contractors visibility into the full cost of their workforce. Failing to factor in labor 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...
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...
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...
