article thumbnail

Conquering the Compensation Conversation

Construction Business Owner

Conquering the Compensation Conversation. Compensation can be an icky subject. While “icky” might be the least technical adjective to use, many business leaders feel their skin crawl as the topics of base compensation and bonuses enter the conversation. Alex Headley. Mon, 05/24/2021 - 07:30.

article thumbnail

Workers' Compensation Claims: A Common Employer's Nightmare

Construction Business Owner

Workers’ compensation claims and how to keep them under control have always been a concern for employers. There is no federal workers’ compensation law that addresses workplace injuries. Today, every workers’ compensation claim raises the potential for a variety of workplace laws to come into play.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How

Pro Builder

Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How. Using a staffing company can help employers lower workers' compensation risk while still meeting project workload demands and customer deadlines. Thu, 11/10/2022 - 10:44. Jobsite Safety. Labor + Trade Relations. Jobsite Safety.

article thumbnail

Construction Company Employee Compensation And A Note On Taxes

Contractor Bookkeeping

There are a few different methods that employers use to pay their employees, and while they may have similarities, they each also have implications for your construction business and employees. On top of that, there may be a blended model at play, in which you offer two types of compensation at once, such as a wage and bonuses.

article thumbnail

Employers predict ‘modest’ 3.9% pay increases for 2024

Construction Dive

of their employee population next year — spending part of their compensation budgets on related raises. Companies also plan to promote 8.7%

article thumbnail

Tax Reform Impact on Employers and Employees

Revit OpEd

The new federal Tax Bill has many provisions that impact employers with respect to their employees. The Tax Bill has many provisions that impact employers with respect to their employees. Drizner and Michael Lobie. Editor’s note : This blog was originally published as a Client Alert by Seyfarth Shaw LLP.

article thumbnail

What to Know About the Pennsylvania Construction Workplace Misclassification Act

Construction Business Owner

The Pennsylvania Construction Workplace Misclassification Act (CWMA) prohibits employers from improperly classifying their workers as independent contractors, not employees, to avoid their obligation to provide workers’ compensation benefits. In Dep’t of Labor & Indus.,Uninsured Uninsured Emp’rs Guar.