A Guide to Construction Documents: The Blueprint for Every Project The journey from an architect’s design to a completed building is a complex process. While most people see the final structure, the real magic happens on paper—within a set of critical files known as construction documents. If you’re in the construction industry, you’ve likely worked […]
The construction industry is quite complex and unique in its operations. A widespread workforce, ample compensation structure, and multiple employment rules and work classifications necessitate smart systems to make payroll management easier. However, effective payroll management that contributes towards higher worker satisfaction and engagement often ends up being a challenge. Of course, most construction companies […]
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 […]
While announcing a slew of measures to improve the economic outlook of the country, President Biden announced in February of 2022 that all federal projects over $35 million in value need to follow Project Labor Agreements (PLA). But even before this announcement for federal projects, the construction industry witnessed a massive push by the administration to execute […]
The construction industry may well be at the top spot if we were to rank industries on the basis of complexity in compliance. It is easy to assume that the sector follows very simple workflows, and hence compliance shouldn’t be too much of a problem. But the reality is far from this notion! Many areas […]
Construction companies on the path to enhanced efficiency are quick to automate processes, bring in new workforce productivity solutions, and up their analytics game. However, few people realize that if there is one function that requires immediate attention, it is payroll management! Effective payroll management is a crucial aspect of every business, especially in the construction […]
In the context of payroll processing, Microsoft Excel has been a standard, universally employed tool. It promised to be easy to use and offered capabilities for companies that didn’t deal with complex labor or tax laws. In the past, advanced payroll software was also not easily available, and what was, was just too expensive. But […]
Inaccurate payments stemming from incorrect payroll decisions. Delayed salaries. Leaked data. The administrative challenges that construction companies face are many. The existence of multiple construction trade unions and contractors for construction projects and complex working arrangements doesn’t make things any easier. The situation gets further complicated by outdated payroll systems. Relying on legacy payroll systems […]
Today’s construction companies are turning toward the quickly evolving field of emerging technologies. Beyond turning toward construction management software to improve cost estimation, strengthen project coordination and increase collaboration throughout entire project, construction companies are also shifting labor-intensive jobs into digitally centered roles. Improving construction efficiency, however, isn’t restricted to the field. Rather, HR and […]
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 […]