Most construction workers are paid by the hour. But that hour includes travel as well as time on-site. Once construction workers clock in at the beginning of the day, they need to be compensated for their time. Here, we’re going to take a deeper look at travel time pay for construction workers, federal and state …
Everyone knows that profit margins are about increasing revenue and decreasing costs. But the reality is that being a construction contractor means operating in an extremely competitive field. As a contractor, you may not always have the resources—financial or otherwise—to compete with the best bids. Your profit margins may need to be thin, which is …
Avoid underbilling in construction by addressing these common pitfalls. Underbilling in construction happens for a few common reasons, which can be avoided with the right data.
Break times can make or break your construction business. Learn how to effectively manage your construction workers’ break time with these tips.
Improve your construction crew management with this complete guide. Increase construction crew efficiency, optimize scheduling, and manage your time tracking.
Labor may amount to 20% to 40% of a project’s costs. That’s a huge range—and a significant burden. Unfortunately, labor costs are frequently complicated and difficult to manage. How do you know whether your employees are at their most productive? How can you even make sure that they’re at the right site? Many companies are …
When a construction project goes long, you incur additional labor costs, equipment rental fees, and opportunity costs. You have to turn down jobs that might have been more profitable—and you have to deal with unhappy customers. In construction, time management is everything. So why does it seem that time management in construction projects goes wrong …
Why is it that one job can go so smoothly but another can feel like a disaster? In the UK, an analysis of construction productivity discovered that the productivity of two teams doing identical jobs on different sites varied by up to 500%. In this article, we’ll cover five steps toward improving construction crew productivity: …
Few things can sink a project as fast as unchecked overtime. But before you can start managing your overtime, you need to know how to calculate it. This guide will help you learn: How to calculate overtime for construction workers How to track overtime more effectively What steps you can take to reduce overtime and …
Without the right analysis, a construction project cost report is just a huge sheet of numbers. Unless you’re able to look at the right numbers and draw actionable conclusions, these reports might as well not exist. This guide will help you analyze your project cost reports for better performance. That’ll keep those cost reports from …
The GPS tracking device industry is expected to grow to $3.38 billion by 2025. Construction GPS technology provides construction companies with automated tracking for employees, trucks, and equipment. And it’s more accessible than you might think; the most versatile GPS device in the world is already right in your pocket. With the right software, your …
According to the International Journal of Innovation, Management, and Technology, nine out of ten construction projects go over budget—and the average construction project costs 28% more than estimated. Project overruns can cut into your profit, and clients aren’t too happy about them either. What’s the solution? By better controlling your labor and supply costs (and …
Productivity is profit. The smoother your operations, the more money you make. But because productivity encompasses every aspect of your business, it can seem pretty abstract and overwhelming. Let’s focus in on a few productivity improvement techniques you can apply to improve your bottom line. 5 Construction Productivity Improvement Techniques It’s easy to get caught …
Why are we still frustrated as hell about how hard it is to measure and manage our labor costs? There are several factors contributing to this problem: We’ve got highly distributed teams Crew members are going in a lot of different directions throughout the day (picking up materials, visiting different sites, etc.) It’s getting harder …
Today I’m going to shortlist the top five construction time clock apps for contractors and home services businesses. After that, I outline the five really important things to look for when evaluating a construction time clock app that are based on my learnings after working with hundreds of construction and service businesses.Let’s dive right in. Part 1: The …
