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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
Multi-state payroll is the process of managing wages, taxes and compliance for employees working across different states, and it introduces complex requirements for construction businesses operating in multiple jurisdictions. The issue with multi-state payroll is that a single mistake can...
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
Multi-state payroll is one of the most complex challenges facing construction contractors today. When you’ve got workers spread across multiple jobsites in different states — each with their own wages, pay rates and tax obligations — maintaining accurate multi-state payroll...
How Can a Union Payroll Company Help Manage Payroll for Construction Companies?
Union payroll for construction companies demands specialized handling that standard payroll systems aren’t built to manage. Construction companies with union employee payroll responsibilities have to deal with: A union payroll company helps construction contractors manage this complexity by automating CBA...