This Podcast Is Episode Number 0225 And It Will Be About Successful Contractors Employees Produce Results We are excited that you are busy and hiring employees. How do I know this is true? The number of emails I receive about continuing education that reference employees are increasing. The topics you are sharing include wages, access to company funds, providing employee warm and fuzzies and you want to know what is the true cost including payroll taxes of having a Construction Worker on your payroll. More of your emails make references on How To Protect Your Construction Company from your employees. Employees with too much access to credit card accounts Employees with too much access to bank accounts Employees with too little accountability Paper time cards filled out randomly Protection comes from knowing the rules, putting systems in place, and dealing with the money. What type of compensation is required? What type of benefits are required? How to deal with Travel Pay? What should be reimbursed? How do handle fuel? Cell Phone Usage? Cell Phone Bill? Each state has no shortage of rules in place about the rate of pay, schedules and number of hours worked, time off and how it is classified. When travel time starts and ends if the employee travels to the job directly from home. When travel time starts when an employee is in service and goes directly to the job from home and is using the company vehicle. What about side trips to the store, gym, park, personal errands using a company vehicle on the way home from their last job. Every Contractor worth his or her salt wants to be fair to their employees and still be fair to the company. This is where a Payroll Service with the HR Department has enormous value. In construction there is no shortage of “What About” and [fill in the blank]. I should be paid for [fill in the blank] because and [fill in the blank]. Consider buying Clothes with your Construction Company Logo to identify them on the job. Time tracking using mobile devices is a must. See Below: Web Based Online Time Card For Construction Contractors Links To QuickBooks Job Costing Fast Easy Accounting Your Certified TSheets Consultant Other concerns are the “Rogue Employee” in either the office or the field who takes advantage of the “Good Nature” of the owners. Owners trust their employees and most of the time employees trust their owners. Review the concept of leveling. It will help your Contracting firm grow and attract the right office and field staff. How Leveling Up Can Make You Wealthy! Your Thinking Patterns - and what you think about the most is why you are where you are now. It is worth noting there is no profit in chaos and the sooner you understand that, the better off you will be including your mental and physical health. It May Be Too Late - To recoup past losses from chaos, but it is not too late to stop it from happening again. To begin with getting a clear understanding of What Ten Minutes Costs Your Contracting Company and begin implementing a Business Strategy to eliminate chaos. When You Have - A Business Strategy everything changes in your life and your construction company because you will see everything in different light You May Find - Yourself with a different caliber of friends because of the leveling up process. Birds And People - Flock together with others like themselves because it is comfortable. It only makes sense to soar with eagles rather than keeping your head down pecking on the ground with the chickens. Your Income - Is typically within 20% of the average of the six people you spend the most time with.  Leveling Down - If you spend most of your time at the “Contractors Business Round Table”, this is a little round table in a tavern with a pitcher of beer and several contractors all earning $40,000 a year or less telling each other how to run their businesses then your income will hover between $32,000 and $48,000 (20% plus or minus $40,000). ...