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 and labor laws that employers must comply with; gas prices continue to be in flux; there are more OSHA inspectors in the state of Texas looking to hand out fines; many company’s SUTA (state unemployment tax) rates have increased; the majority of construction company’s overall labor costs have increased; and the list goes on… Let’s face it; it’s not getting any easier to run your business! Now for a little good news! Texas has created more jobs than any other state over the past year.
With all that being said, I like to look at the glass as half full and am one who focuses on positive solutions to the problems that contractors face. We will address a couple of those key issues in the following articles, and will also look at some solutions that can provide for a better way to run your business and streamline your operation for years to come.
- Cash Flow
About M2 PEO Solutions
M2 PEO Solutions is an independent consulting firm that helps construction and blue collar companies find PEOs (“Professional Employer Organizations”) who have expertise in the labor intensive industries. We help solve employment problems for business owners in the areas of Payroll, Workers’ Comp, HR, Safety/Risk Management, and Benefits Administration.