Monthly archive for December 2014

Why Contractors Should Consider Partnering With A PEO – Part 5: Payroll & Tax Administration We all know by law you must pay your employees correctly, withhold the proper amount of taxes, garnishments, etc., and most importantly, pay them on time (to ensure happy employees!) Recently, I

Why Contractors Should Consider Partnering With A PEO – Part 4: Cash Flow Management Let’s face it, cash flow is critical for all construction business owners! One way that a PEO helps owners beat this burden is by allowing them to simply “pay as they go” for

Why Contractors Should Consider Partnering With A PEO – Part 3: HR Expertise Most construction owners would probably admit that they don’t know each of the nearly 200 Federal labor laws currently enforced by the Department of Labor, and they aren’t always familiar with the most recent

Why Contractors Should Consider Partnering With A PEO – Part 2: Time Savings Time may be considered a construction business owner’s most precious commodity. You may be able to make another dollar, but you’ll never get back the hours wasted on “pushing paper” and non-revenue generating tasks

Why Contractors Should Consider Partnering With A Professional Employer Organization (PEO) – Part 1: Intro We’ve all heard the old saying that very few things are “for sure” in this life. For business owners in the construction sector, one thing though, is for sure. It’s not getting

The Silent Killers in Construction – Part 4: State Unemployment Taxes The majority of construction company owners I’ve met with in the past year have shared with me their ongoing frustrations of rising SUTA costs (state unemployment taxes) which have ultimately increased the cost to run their

The Silent Killers in Construction – Part 3: Cash Flow Cash flow remains one of the most critical factors in the construction sector. Blue collar businesses using PEOs have the distinct advantage of better cash flow because they are not required to hand over thousands of dollars

The Silent Killers in Construction – Part 2: Compliance How many contractors across the state are currently in 100% compliance with the most recent labor laws and OSHA regulations, have their employee handbooks updated yearly, and carry EPLI insurance to further insulate them from employee lawsuits? The

The Silent Killers in Construction – Part 1: Intro What has changed in a year’s time? A lot may have changed in the construction sector, but much has still remained the same. Our national unemployment rate is still too high; there are more federal and state regulations

PEOs and Their Future in Construction The simple fact is that our current federal and state administrations are not making it any easier on business owners to run their companies. New laws are being passed every year, and the amount of red tape, government compliance, and time