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Construction Workers Fully Burdened Payroll Costs

Posted by Randal DeHart on Thu, Nov 17, 2011

Thinking About Adding Construction Workers To Your Payroll?

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

We Have Construction Clients - Who have used Madden Industrial Craftsmen and are very satisfied with the results and the service.

Judging From Our Experience - Providing back office support for our construction clients that use Madden Industrial Craftsmen they appear to be extremely professional, fair and reasonable which is why we highly recommend their services.

Hiring Construction Workers - Carries hidden costs you may not be fully aware of like advertising, time spent reading fiction (resume's) and interviewing people.

Job-seekers And New Cars - Are the best they will ever be when you first see them and after that it is all downhill and the only question is how far and how fast.

We Have Interviewed - Hundreds of construction workers when we owned and operated our own construction businesses and we all of them claimed they could do the job we were looking to fill. Some did, some didn't, some could and some couldn't. 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 as a first step.

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 Randal or Sharie would think about.

The Example Below - Is for 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 be different and to get a more accurate cost ask your Human Resources Department, your Madden representative or contact us and we can help you with the calculations.

Finally Consider - Developing 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. You may discover it will be one of the best moves you have every made. If you need help with it please contact us.

 

QuickBooks Expert Specializing In Construction Bookkeeping Services

About The Author:

Randal DeHart, PMP, QPA The Construction AccountantRandal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional and Construction Accountant and Intuit ProAdvisor. This combination of experience and skillsets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and accountants to the benefit of all of the construction contractors he serves across the USA. http://www.fasteasyaccounting.com/randal-dehart/ to learn more.

Topics: Outsource, Outsourced labor, Outsourced Construction labor, Construction workers costs, Construction, fully burdened labor costs for construction worker, Strategic Planning

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