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How to Effectively Maintain Your Third-Party Auditor Account

Safety Services Company

Most third-party auditors grade contractors based on the following elements: Statistical Information: OSHA 300/A Logs, OH&S Statistics, TRIR, TRF, etc. Insurance Documents: General Liability, Automobile Liability, Limits, Workers’ Compensation, Experience Modification Rates, etc. 1. Monitor. 2. Review.

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7 Ways Construction Companies Can Keep Their Workers Safe

Construction Marketing

Statistics show that there are over 400 injuries and over 20 fatalities each year related to construction in Ontario alone. If possible, invest in these technologies , as it reduces crowding and enhances accountability on the site. Embrace technology. There are hundreds of machines and tech tools that can replace human laborers.

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What is Experience Modification Rate (EMR), and How Does it Impact Prequalification?

Safety Services Company

Insurance companies use the number to assess the cost of injuries and future risks. When this happens, your insurer raises your insurance premium to mitigate risk. The class rate, for example, is higher for ironworkers, as this is a riskier job class than the class rate for a category, such as “accountant.”.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. Industry Statistics. Tags accounting. accounting software. Construction Accounting Software. Tags: accounting , Christmas , construction , Construction Accounting Software , foundation , foundation software , job costing. STRATEGY |.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. Industry Statistics. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? Tags accounting.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. Industry Statistics. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. Industry Statistics. There are plenty of construction-specific accounting packages that work the way construction does and can efficiently prepare W2s and 1099s and year-end financial reports. Tags accounting. accounting software. STRATEGY |.