Construction payroll services for contractors
Most companies, whether they’re construction or not, are familiar with big name payroll services. These are great companies that can provide payroll services to many different types of industries, but they don’t necessarily provide construction payroll services.
Construction payroll services are different from that of any other industry. Most of the big name payroll service providers aren’t able to handle the complexities of construction payroll, like Certified Payroll and other reporting requirements, employees working in multiple trades, unions, pay rates, cities, and more. Because of this, contractors using big name payroll services end up doing more work manually, or pay additional fees to produce items that don’t come standard through their payroll provider.
Construction-specific payroll services offer a better solution. These payroll services are focused solely on construction and are familiar with the complexities and nuances of processing construction payroll. Construction payroll services handle all basic payroll processing such as checks, direct deposit, tax filing, W2’s, and third-party sick pay. In addition, they offer construction specific advantages such as:
- Multiple States and Localities
- Multiple Jobs and Pay Rates
- Free Construction Reporting: Certified Payroll, EEO Minority Compliance, Workers’ Compensation, Job Costing, etc.
- Integration with QuickBooks® Accounting Software
- Construction Expertise
As you can see, deciding to use construction payroll services have a multitude of advantages. In addition to those benefits listed above, a construction-specific payroll service will also increase your office efficiency and create work opportunities. The biggest advantage, however, is being able to use a service that understands your industry and is built for construction.
Part of growing as a business means finding the tools that will best serve you in the long run, increasing profitability and making your job easier. Taking advantage of products and services that are truly industry-specific can only help you achieve these goals.