CEM Business Solutions has just released our latest software update for our construction Daily Log, called Daily Log 2.0. This updated version promises to revolutionize timekeeping for project managers, allowing for greater accuracy and automation in the tracking of employee hours. Here are some of the biggest changes from the previous Daily Log: Kiosk Shift […]
Payroll and benefits administration is often one of the most challenging departments in any business. While a larger workforce represents a huge challenge in payroll management itself, the issue becomes complex when there is further diversification of wage codes or categorization of workforce billability. But it’s in the construction industry where the true scale of […]
Globally, we are seeing increased investment in construction projects. But despite billions of dollars being pumped into construction projects, there have been massive delays in the completion of these megaprojects. In fact, according to a 2020 report by McKinsey, the construction sector accounts for 13% of the global GDP – but has seen a meager 1% […]
What’s New in Project Management in Construction? Just as the construction industry is recovering from the pandemic’s aftermath, the increasing material costs, crushing deadlines, and labor shortages have started posing new challenges. According to ENR’s research, 100 construction management firms were at risk last year as they struggled to keep the project moving and stick to schedule […]
Even in an era where layoffs are common, the shortage of skilled labor continues to be a top concern for companies in the construction space. While the growing skills gap is one of the major reasons for this shortage, labor disputes also have an impact. Disagreements regarding conditions of employment, benefits, hours of work, tax […]
Construction projects are getting bigger and more complex. Add to it mounting pressures of labor and material shortages and increasing costs. No doubt, companies are having a challenging time managing them, and one of the biggest reasons for this is outdated record-keeping methods. The inability to track and monitor construction projects across materials, progress made, […]
Within the next five years, ninety-five percent of all workloads will be in the cloud. Facing disruptions from job automation, talent shortages and remote work trends, advanced technologies and cloud computing is becoming the preferred way of doing business. Human resources and payroll processes are not exempt. In fact, 56% of companies are redesigning their […]
The construction sector often engages several contractors for every project to supply skilled laborers in multiple domains. While engaging general contractors is not a new thing, complexity arises when union payroll comes into the picture. With employees being free to be a part of any union they favor a construction project may involve workers affiliated […]
Standing out in an increasingly crowded global marketplace can sometimes prove to be a bit much. A hyper-connected economy and rising and evolving customer expectations are keeping businesses across verticals on their toes and increasing the need for business-impacting digital solutions. The construction sector is, like all others, a highly competitive and demanding place. In […]
Processing payroll can be difficult and time-consuming for any business. But nothing seems to compare to the challenges of construction and union payroll processing. Whether it’s tracking hundreds of unions across multiple projects, managing multiple pay rates and departments, properly applying multi-state and local taxes, or keeping up with compliance and reporting, construction companies face […]