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QuickBooks For Contractors 2012

 

What A Construction Worker On Your Payroll Really Costs

Are You Thinking About Adding Workers To Your Payroll?

In Some Cases - You may be better off outsourcing to a temporary labor service like Madden Industrial Craftsmen especially when you consider the cost of a bad hiring decison

Our Construction Clients - Who have used Madden Industrial Craftsmen  have been very satisfied and from our experience providing back office support for our contractor clients we have found Madden Industrial Craftsmen and to be fair and reasonable and we highly recommend their services.

In Addition To The Costs - Of advertising, reading lots of good fiction (resume's), interviewing candidates because just like a seeing a brand new car on the showroom floor; job-seekers are the best they will ever be during the interview. After that it is all downhill and the only question is how far and how fast.

We Have Interviewed - Hundreds of construction workers for our past construction businesses that we owned and operated and found most of said they could do the job. Some could, some couldn't and it was always a surprise.

Human Resources - Is an area I will not even discuss here. For the smaller firms with annual sales volumes under $5,000,000.00 I strongly suggest you work with an employment attorney to develop your employment agreements.

Fully Burdened Construction Worker Cost - Simply means what it will cost you to hire someone including the company portion of the payroll taxes and all those little costs that only a construction accountant like me would think about. The example below shows a construction worker earning $25.00 per hour working 40 hours per week with basic benefits.

Field Labor Fully Burdened Hourly Cost Compliments Of Fast Easy Accounting

Your Fully Burdened - Labor rate will not be the same as the example shown above which means you will need to contact your Human Resources Department, your representitve at Madden Industrial Craftsmen  or you can contact us and we can help you with the calculations.

Consider Putting Together - A Business Strategy For Your Construction Company and include your fully burdened payroll costs along with What Is Ten Minutes A Day Costing Your Company. If you need help with it please contact us.

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