PSMJ Resources

JANUARY 31, 2011

If you serve government clients, you should be prepared to support your management compensation and bonuses as the year end approaches. There is increased concern among various segments of our public sector clients over compensation and bonuses in A/E firms. Generally, this requires that you have survey support for base salaries paid.

Compensation 40

Compensation Management DOT Documentation 40

Job Order Contracting

JANUARY 26, 2022

LEAN collaborative construction delivery, a common data environment, and supporting cloud-based technology profoundly change: the teams work, and relationships between clients, vendors, and stakeholders, how people and organizations are measured and compensated, the tools that are used, our work lives. mutually beneficial goals.

Management 154

Management Compensation Organization Environment 154

Contractor Bookkeeping

JULY 10, 2013

Speaking Engagements Featuring An Accountant With Humor. For Something New and refreshing consider bringing an QuickBooks expert accountant with a sense of humor to speak at your next gathering. Fast Easy Accounting is available to speak to your group on a variety of topics related to QuickBooks, general bookkeeping and accounting.

Accounting 48

Accounting Seattle Profitability Compensation 48

Contractor Bookkeeping

SEPTEMBER 18, 2020

You needed to be compensated for your time and your crew's time, and you need to do it right away. Do these notes, emails, or greetings send you into a mental or alone verbal rant about why they can't leave you alone to get your work done? Are you concerned they expect you to do the additional work for FREE, NO CHARGE, NA-DA, ZIP, ZERO?

Change Orders 114

Change Orders Compensation Contractors Profitability 114

Pro Builder

SEPTEMBER 11, 2020

Business owners are navigating uncharted waters from finding new employees to recruit, retaining current employees, and addressing compensation needs following record unemployment. 3 Tips for Recruiting and Retaining Construction Employees as We Emerge from COVID-19. Fri, 09/11/2020 - 06:00.

Compensation 94

Compensation Construction Industrial Budgeting 94

Job Order Contracting

NOVEMBER 9, 2022

Compensation”. Construction Accounting & Taxation, ABI/INFORM Global, New York, 15 (3) 5-18. Proceedings… of the 11th Encontro Nacional de. tecnologia do ambiente construído (ENTAC), Florianópolis, Santa Catarina, Brasil (in. portuguese). Merchant, K. Target Costing and Incentive. McNair, C. Polutnik, L.; Yoshikawa, T.

New York 179

New York Portland Conference Construction 179

Safety Services Company

AUGUST 21, 2020

Lowering your EMR is important, as you can greatly reduce the amount you pay for workers’ compensation coverage. Your company has filed one or more workers’ compensation claims. 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.”.

Insurance 62

Insurance Compensation Injury Claims 62

Federal Construction Contracting Blog

APRIL 21, 2022

Delays to projects were frequent, but contractors were told that although they would be granted time extensions, these extensions would be non-compensable. The government recognized the financial impact to individuals who could not work and literally printed money to fund financial stimulus and extended unemployment compensation.

Contractors 52

Contractors Compensation Contract Defense 52

Construction Marketing

SEPTEMBER 9, 2021

In fact, the last leg of a product’s journey is estimated to account for 53% of the total delivery cost. Solution : Integrate powerful construction payment software with current accounting tools to serve as a central repository for all lien waivers and allow for automatic disbursement of approved payments. . Inadequate Risk Management.

Lien 182

Lien Construction Schedule Risk 182

Autodesk Construction Cloud

FEBRUARY 25, 2022

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Accounts Receivable Turnover . Accounts Receivable Turnover is an activity ratio that measures how efficiently a firm uses its assets. A higher ratio indicates a stronger ability to collect on Accounts Receivable. .

Safety 94

Safety Debt Liability Equity 94

Safety Services Company

DECEMBER 1, 2020

Total Recordable Incident Rate or TRIR is a mathematical computation that takes into account how many OSHA recordable incidents a company has per number of hours worked and this number can affect the fate of a company. The lower the EMR of a business, the lower their worker compensation insurance premiums will be. What is TRIR?

OSHA 62

OSHA Accidents Injury Compensation 62

Carol Hagen

DECEMBER 8, 2011

Construction company budgets are heavily weighted to the salary and compensation plans of their employees. Whether it’s the chief estimator, accountant or IT director, knowing what the going rates are in your area can help you budget and ultimately attract the best talent to your construction firm.

Arizona 135

Arizona Budgeting Budget Resource 135

Pro Builder

SEPTEMBER 11, 2020

What’s more, the state of California by itself accounts for more half of these new federal claims. Historically they were ineligible because they did not contribute to the joint state-federal compensation fund as do most companies. The federal program was enacted early in the pandemic. CORONAVIRUS: RESOURCES AND INFORMATION.

Claims 59

Claims California Compensation Accounting 59

Levelset

SEPTEMBER 22, 2022

According to data from the Bureau of Labor Statistics, falls accounted for more than 1 in 3 jobsite fatalities in 2019. Falls trigger a lot of OSHA safety inspections, and they account for half of the top 10 violations handed out by the Office. “Struck-by” fatalities numbered 170 in 2019 , accounting for 15.4%

Safety 52

Safety Injury Risk Construction 52

Construction Law

JUNE 28, 2022

As compensation for deliberately pricing tenders to lose, payments are said to have been made to seven of the ten, with false invoices sometimes being issued as cover. Some argued that they did not make or receive compensation payments or benefit from the award of contracts.

Bidding 52

Bidding Compensation Contract Office 52

Construction Dive

MARCH 17, 2016

While a contractor is obligated to follow a directive, the contractor has the right – under the dispute procedures of the contract – to pursue a claim for additional compensation. But what happens when a unilateral directive includes waiver and release language?

Compensation 48

Compensation Claims Contract Accounting 48

Construction Business Owner

AUGUST 30, 2011

ACCOUNTING |. Accounting & Finance. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. I was doing some research on construction accounting softwares and came across your entry. STRATEGY |.

Construction 168

Construction Software Software Accounting 168

Construction Junkie

DECEMBER 10, 2020

Guests and workers checking into the site are not required to download an app or create an account, and their personal health information is stored only on their device to comply with HIPAA and OSHA regulations. The app is available in both English and Spanish, but can also be customized to support other languages, if needed.

Site 79

Site Accounting Compensation Union 79

Job Order Contracting

FEBRUARY 20, 2021

Locally researched detailed unit price books exclusively are capable of accounting for productivity “tight” work areas, or areas above normal working height, or variances in workers compensation and basic hourly working rates, as well as local material and equipment cost which can vary significantly. are all defined.

Schedule 163

Schedule Management Procurement Construction 163

ENR Construction

JULY 27, 2016

When crunching the numbers on the construction wrap-up program for the T-Mobile Arena project outside Las Vegas, insurance broker Aon Risk Services South allegedly failed to take into account a Nevada workers’ compensation rule, one of many intricate features of the state’s workers’ compensation regulations.

Nevada 28

Nevada Las Vegas Compensation Insurance 28

Construction Business Owner

DECEMBER 9, 2011

ACCOUNTING |. Accounting & Finance. 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. Tags accounting.

Construction 136

Construction Insurance Software Software 136

FDR Safety

AUGUST 29, 2013

You are paying for their expertise and counting on quality work in turn for very substantial compensation. That means testing, communication and accountability, from those attending employment orientations to the most tenured employee in the company. When it comes to drug abuse in the workplace, the tolerance level must be set at zero.

Accidents 153

Accidents Safety Compensation OSHA 153

Chianelli Estimating

AUGUST 6, 2020

General Condition costs along with indirect costs tend to be much smaller but they are still a reality of doing business and a real profit killer; particularly when not accounted for. Insurances; Workers compensation, General Liability, Risk. Insurances; Workers compensation, General Liability, Risk. Accounting expanse.

Estimating 60

Estimating Residential Insurance Commercial 60

Job Order Contracting

NOVEMBER 17, 2017

how we are measured and compensated. – Processes that create requisite environments of trust, transparency and accountability among all actors involved to achieve common goals. LEAN collaborative construction delivery, common data environments (CDE), and supporting cloud-based technology profoundly change: – the way we work. –

Life Cycle 100

Life Cycle Construction Compensation Modeling 100

Revit OpEd

DECEMBER 22, 2017

Modification of limitation on excessive employee remuneration: Under current law, an employer generally may deduct reasonable compensation for personal services as an ordinary and necessary business expense. Code Section 162(m) limits the deductibility of compensation expenses in the case of publicly traded corporate employers.

Employment 85

Employment Compensation Agreement Income 85

Autodesk Construction Cloud

AUGUST 12, 2021

Construction accounting software is a must-have, but may seem daunting to implement new solutions if your accounting technology hasn’t kept up with the complexities of your growing business. That includes accounting. Sure, accounting may have a bit of a reputation for being mundane. Everything Is Moving All the Time.

Accounting 52

Accounting Software Software FASB 52

Lets Build

MAY 11, 2020

It is now apparent how critical it is to provide compensation and support to employees as strict community quarantines are placed. Because of the COVID-19 pandemic, governments had to issue new guidelines on compensation, including new filing deadlines, work-time reductions, and rules on employee leaves, to account for the lockdown.

Industrial 178

Industrial Construction Conference Compensation 178

Chianelli Estimating

JANUARY 30, 2020

They do not have the burden of carrying costs like workmen’s compensation, general liability insurance, unemployment related costs, vacations or sick days, etc. Recently Contractors and Owners have found that Outsource Estimating is becoming a practical way to cut overhead.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

Contractor Bookkeeping

MAY 28, 2019

As an employer among your responsibilities are these: Pay workers’ compensation. Because all fifty states are working with other agencies looking to be sure employee rights are covered, and the state, local and federal payroll taxes are paid. Meet wage and hour requirements. Pay unemployment tax. Maintain a safe workplace.

Insurance 59

Insurance Compensation Contractors Documentation 59

Levelset

JUNE 29, 2022

According to BLS data, falls accounted for more than 1 in 3 jobsite fatalities in 2019. It accounts for more than twice as many citations and over 5 times the financial penalties of any other violation. On a large commercial project, the accounting team may not bat an eye. Workers’ compensation insurance.

OSHA 52

OSHA Inspections Construction Safety 52

Safety Services Company

MAY 31, 2018

Insurance Documents: General Liability, Automobile Liability, Limits, Workers’ Compensation, Experience Modification Rates, etc. It is important to maintain your prequalification site account to remaining eligible to work with important owner client companies. So, how can a company most effectively maintain these accounts?

Safety 48

Safety Documentation Accounting OSHA 48

Green Building Law Update

NOVEMBER 14, 2013

EPA has withdrawn the new ASTM E1527-13 “Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process” as satisfying the requirements for conducting all appropriate inquiries under the Comprehensive Environmental Response, Compensation, and Liability Act. the Superfund law).

Site 120

Site Liability Compensation Certification 120

Safety Services Company

OCTOBER 21, 2013

Electrical tradespeople accounted for 29% of all electrical-related fatalities in the workplace between 2003 and 2012, and they continue to be critically injured on the job when working on energized electrical panels or ballasts/347V lighting. Electrical workers accounted for 14% of all occupational fatalities between 2008 and 2012.

Electrical 64

Electrical Safety Risk Injury 64

Safety Services Company

JANUARY 29, 2014

Bringing any third party auditor account to a 100% score can be a daunting and time consuming task. Below are five important reasons to keep your ISN®, PEC®, PICS®, ComplyWorks®, CQN®, or other TPA account at a 100% score. 2. Accountability. Effectively maintaining them requires time, money, and close attention.

Accounting 55

Accounting Contractors Safety Statistics 55

Autodesk Construction Cloud

AUGUST 21, 2023

Reduce rework Industry data shows that rework accounts for 2% to 9% of a project's total cost, so reducing it can help you significantly boost your profit margins and deliver projects within budget. So, reevaluate your current compensation packages and strive to offer highly competitive salaries and benefits.

Construction 40

Construction Estimating Budgeting Budget 40

Pro Builder

FEBRUARY 11, 2022

It’s essential to order extra studs in order to compensate for faulty studs. Accounting for extra tile for perimeter cuts is another area that will often result in required waste. . After this has been accounted for, you can estimate a more accurate waste factor percentage. . Studs are an excellent example of required waste.

Profitability 111

Profitability Materials Construction Estimating 111

Construction Law

JULY 7, 2021

Anecdotally at least, it seems that the idea of remote legal proceedings forced on disputes by the courts being closed might have made parties more inclined to negotiate settlements, and this could at least partly account for the reduction seen in the length of time disputes take to settle.

Risk 52

Risk Contract Management Maine 52