Business

Small and Medium Construction Companies Lose Billions in Payroll: Here's What Owners Can Do

Construction companies are overpaying payroll by $7 billion annually, and that’s a conservative estimate. By leaning into technology and embracing the right tools, construction companies can reduce the amount of payroll error.
By Nic De Bonis
September 8, 2021
Topics
Business
by Nic De Bonis
Nic De Bonis is the CEO of Workyard, a workforce management platform designed specifically for the construction industry. Leveraging Nic's proven track record of being a world-class technology builder, Workyard has helped construction company owners more effectively manage their jobs and crews across thousands of projects.

Related stories

Business
How Do Lean Construction and Integrated Project Delivery Improve Project Outcomes? Cover Art

How Do Lean Construction and Integrated Project Delivery Improve Project Outcomes?

By David Pacifici
From groceries to gas to construction projects, Americans' budgets are up. Integrated project delivery can help quell one of the three.
Business
Not-So-Clearly Stated: Workers' Comp When Out-of-State Cover Art

Not-So-Clearly Stated: Workers' Comp When Out-of-State

By Kevin Ring
It’s critical for construction companies to understand the exact protections offered by their workers’ compensation policy when sending employees on out-of-state travel—but state-by-state variabilities can make that a daunting task.
Business
Construction Futures: September Economic Roundup Cover Art

Construction Futures: September Economic Roundup

By Construction Executive
Let the rate cuts commence! What the Fed's latest lowering means for the industry, plus ABC's latest Construction Confidence Index.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.