Best Construction Payroll Software 2024 Reviews & Pricing

payroll for construction

Failure to do this could result in incorrect wages being paid and the wrong information being submitted to the government. Construction payroll software can help to automate different tax rates, deductions, locations, and pay rates. It can also save employers significant time by assigning hours worked to multiple jobs, with automatic calculations of various deductions. Digital time tracking is the ability to track time via digital applications right from your phone.

Why use QuickBooks Payroll for your construction company?

Its overall rating took a hit because local tax filings require upgrading to its higher tiers and certified payroll reporting is via its Points North integration. A payroll software or service can help you save time, reduce errors, boost security and stay compliant. There are some very complex and complicated payroll solutions available which might be great for an accounting guru but not everyone is cut out for these. Before choosing a payroll software, take advantage of a free trial to get a feel for it. If you get a payroll software that’s too hard to use, it defeats the purpose of simplifying payroll. Payroll software also provides more data and analysis, so you have a more accurate picture of your labor costs.

What is Construction Payroll?

And just like you wouldn’t use a screwdriver on a nail, a payroll solution that doesn’t support the needs of construction crews is best left “in the toolbox,” so to speak. A software suite that works for some of your competitors might not work for you. OnPay provides a straightforward, easy-to-use solution for teams that want to get started with digital payroll quickly. With a streamlined platform, transparent pricing and unlimited payroll runs in any given month, there’s a lot to love for smaller teams that have tight budgets and simpler accounting needs.

Dayforce HCM

Some things like tax and bank account details you’ll get directly from your contractors and employees. Information like tax ID numbers and filing and deposit schedules is available through the Internal Revenue Service (IRS). Having everything payroll for construction companies organized and in one place is important to help you stay compliant with state and federal tax laws. With QuickBooks Online Payroll, we’ll walk you through setting up your payroll, paying employees and taking care of taxes.

Know where you stand on your jobs

  • QuickBooks Payroll has consistently earned good scores on three review platforms.
  • There are hundreds of payroll software services out there, but many aren’t equipped to handle the complex and nuanced needs of the construction industry.
  • In this guide, we’ll give contractors everything they need to know to understand the basics of construction payroll.
  • Our partners cannot pay us to guarantee favorable reviews of their products or services.
  • Of particular note, however, is ADP’s Professional Employer Organization services, allowing smaller teams to outsource these tasks entirely.

Allow employees to view their payroll data (pay stubs and tax deductions); let them manage their account information such as bank details and contact information. Calculate state and federal payroll taxes; also, manage tax filings and wage report forms such as DOL-4N and 1099-MISC. ConstructionPayroll software is tailored to the needs of construction enterprises. Its goal is to make payroll processing less time-consuming and more streamlined. With automated compliance and tax filing, you won’t have to worry about your company’s risk exposure. 400-plus app integrations offer versatility, while custom reporting ensures that you can access the data you need to make the right decisions.

Team Messaging

Roles like project manager, project engineer and project executive are internal staff who may get paid their salaried rate on each paycheck. Smart system defaults fill in timecard information with just a few keystrokes — or sync mobile timecards — and FOUNDATION® calculates pay rates, taxes and deductions automatically. From certified payroll to union reporting and OSHA guidance, our compliance tools help you reduce risk and meet your federal, state and local compliance obligations. Keep your teams connected and productive on the job with secure mobile access for time-tracking, self-service tools and more.

  • A payroll provider that can generate certified payroll reports can save you valuable time and ensure compliance with government regulations.
  • Adds powerful capabilities on top of payroll, such as garnishment payment service, SUI management, background checks, and job posting through ZipRecruiter®1.
  • Every week they’d go back and review all the costs for how much time and money they spent on project areas, like installing a specific type of electrical work.
  • It also integrates with leading business and financial tools as well as accounting software.
  • Payroll services ensure precise calculations and strict compliance with tax regulations, reducing the risk of costly errors, tax-related penalties and the need for paper documents.
  • But TraeAnn J, an HR manager for a construction company, thinks it’s not ideal for a small company.

Choose the Best Payroll Software for Your Construction Company

If you deal with tough payroll issues like prevailing wages or union compliance, we have you covered. Payroll services offer various payment schedules, allowing businesses to compensate independent contractors and freelancers upon project completion or on a weekly, biweekly or monthly schedule. Payroll software typically includes an online portal accessible to employees and contractors where they can conveniently view pay stubs and year-end tax forms. Pricing models for online payroll services are generally structured as monthly or per-payroll plans.

payroll for construction

Not every construction job comes with insurance, PTO, retirement plans or other forms of compensation. Those that do, often have to handle all of the administrative details themselves, making it more of a burden than it should be. A great company with a highly customer-friendly approach can often make up for shortcomings in their software products – at least up to a point.

payroll for construction

Perusing online ratings and reviews of these software options can help you make an informed decision. In that room, we could say, we spent $3,000 of payroll today but we also cleared 300 square feet, which means that we’re spending $10 a square foot to clear all this land. We could use this information to troubleshoot current progress and get better at bidding over time. Crews use Miter’s mobile app to view daily assignments, track time, and capture photos and notes. Generate Certified Payroll, Workers’ Comp, and Fringe Benefit Reports in seconds based on payroll data.

payroll for construction