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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Workers’ compensation insurance should be in place to help defray the costs of employee medical treatments. Each field of subcontracting work has its own area of focus in insurance matters.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Days of Cash on Hand is the number of days that a company can continue to pay its operating expenses, given the amount of cash available and assuming there is no additional revenue. A high value indicates a strong cash position and ability to withstand cash flow constraints. . Underbillings to WC .

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Construction Budgeting Resource for Arizona

Carol Hagen

Construction company budgets are heavily weighted to the salary and compensation plans of their employees. There are questions on economic indicators, employee development, employee benefits and employee compensation. View the questions before taking the survey: 2011 AZ Construction Salary Survey.

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Construction Business Owner Blogs

Construction Business Owner

A safe work environment is one of the most straight forward ways to decrease workers compensation expenses. or higher, then it might be time to consider implementing a comprehensive safety plan to try and reduce your workers compensation insurance costs. Fewer accidents also mean lower insurance premiums, which mean lower labor costs.

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Responsibility and construction marketing

Construction Marketing Ideas

Our designer works on a flat page rate and does not receive additional compensation for “harder” jobs (this is offset, to some extent, by the volume and the fact the page rate is the same even if the work is easy.) The problems occurred from design work time and effort cost overruns.

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When Being A Licensed Contractor Is Just Not Enough!

Contractor Bookkeeping

Suddenly just like any other employee you owe Worker’s Compensation, State and Federal Unemployment. As an employer among your responsibilities are these: Pay workers’ compensation. If they have employees check their workers’ compensation account and claim history. Did you mail your renewal to the wrong mailing address?

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Construction Business Owner Blogs

Construction Business Owner

Other reports that are typically offered include: EEO/Minority Compliance, Workers’ Compensation, Union Reporting, and the ability to create countless custom reports. Some of these programs even offer date sensitivity, making it easy to access reports from any time in the past. Construction Payroll. February 2009. January 2009. December 2008.