Insights about construction and property maintenance industries
Workers on hourly rates, day rates, piece rates, or annual salaries are eligible for overtime in California as long as they are not exempt. As per the California overtime law, some workers are exempt from overtime pay. However, if you have nonexempt workers, the law requires you to pay them 1.5 times their standard rate if they work over 8 hours during a
Classifying your workers properly with the IRS is crucial, as the repercussions can be heavy penalties from the IRS, or even a lawsuit against your organization. Therefore it's advisable to correctly classify any new hires, as well as to reevaluate your current workers. There are notable distinctions among a W2 employee and a 1099 subcontractor which go
If you own a business in Texas and are planning to hire a new hourly worker, you need to understand the state's payroll taxes. Some payroll taxes are deducted from a worker’s wages, whereas others are charged directly to the employer. In this article, we have clarified these taxes, while classifying state and federal taxes that you and your workers owe.
As someone who owns a business in California, if you are planning to hire a new hourly worker, you need to carefully calculate whether you can afford to pay their wages and the other costs associated with them, such as payroll taxes. In this article, we have clarified payroll taxes, while classifying state and federal taxes that you and your workers owe.
According to the U.S Bureau of Labor Statistics, employment for plumbers is expected to rise by 14%, which is much higher than for an average job. Most plumbers start their career with an apprenticeship, which is a combination of classroom instruction and paid "on-the-job" training. Most states in the U.S. also require a license to work independently.
The first step is to create a job description to outline the job duties and must have skills and experience that your next carpenter hire needs. Whether you are looking to hire a carpenter apprentice or helper or a master finish carpenter, this job description outline will help you with a successful hiring outcome. As part of your job description, you should
This article summarizes the technologies available across 10 areas that are crucial to help construction businesses thrive. Categories: 1. Time & location tracking 2. Drones 3. Robotics 4. Autonomous heavy equipment 5. Virtual Site access 6. Modular home building 7. Project management platform 8. Document management 9. Field management 10. Wearable devices
Under California Labor Code Section 3700, all businesses with one or more employees must carry workers’ compensation coverage. In this article, we will cover everything you need to know about workers' compensation from costs and guidelines for filing to penalties and protecting yourself from being sued.
California’s new law, AB 5, makes it much harder for companies to classify workers as independent contractors. Penalties for misclassification include lawsuits, liability for unpaid wages, civil fines, and action from the state licensing board. This article is a summary of everything you need to know about AB5 and how it affects the construction industry.
This report dives into publicly available data for the US construction industry to gain an understanding of the state of the industry. This report covers some key stats about Residential Construction, Construction Spending, Construction Employment, Construction Wages, Commercial Construction, and finally, sheds some light on the state of California.
To gauge the health of the US construction industry and get a feel for what we can expect in the near to mid future, we looked at some reports about construction employment and spending, residential construction, and architecture firms. Below, we’ve compiled some of our findings and also discussed two challenges currently faced by the construction industry.
The U.S. Bureau of Labor Statistics predicts that carpentry as a profession will grow by 8% over the next 10 years. A carpenter constructs installs, and maintains buildings and other objects like cabinets or furniture. They can work on residential (homes, apartments, etc.), commercial (hotels, offices, etc.), or industrial (power plants, etc.) projects.
Across the USA, construction companies are struggling to find skilled tradesmen and laborers for their projects. In general, the labor shortage is limiting the number of projects that companies can take on and also increasing the amount of time it takes to complete projects. Cost and availability of labor is the number 1 issue for 82% of builders according..
Having a license when performing contractor work ensures you are operating within the law. When it comes to enforcing construction regulations, the state of California does not mess around. The consequences for performing contract work without a license may include steep fines and jail time. The CSLB has three types of licensing classifications.