Overtime is one of the costliest labor expenses a business can have. Overtime hours, mandated by the Fair Labor Standards Act (FLSA) to be paid at a rate of at least one and a half times an employee’s regular rate of pay, can quickly add up. Furthermore, failing to be accurate when it comes to tracking overtime hours leaves you legally liable, since the FLSA requires employers to maintain accurate records of all employee time worked and wages paid.

Construction companies have one of the most difficult payroll processes of any industry. There are a lot of moving parts that open you up to accidentally calculating employee wages inaccurately, failing to remain tax compliant, and winding up legally liable. In this post, we’re going to walk you through how to do payroll for a construction company, breaking down all the necessary steps to follow to ensure you’re compliant with state, local, and federal laws.

The importance of how you handle employee paychecks goes beyond the amount you pay them. Frequency of payment, accuracy of compensation, and thorough deductions are critical for managing employee satisfaction and ensuring your business complies with local, state, and federal laws. This guide will walk you through all the necessary steps to calculate payroll accurately and effectively for your employees, including categorizing them, applying necessary deductions, and determining pay periods and timing.

Let’s say you have a perfect employee: Stan. Stan’s the man. He’s the most efficient worker you have, is very personable with customers, and generally boosts team morale when he’s around. The only problem is that he tends to come to work 10-20 minutes later than starting time. That means that Stan is not a perfect employee. In fact, he’s a borderline harmful one — even if he doesn’t mean to be.

Crafting a fair but consistent employee attendance policy can make an impact not only on your business’s bottom line but also on your team’s morale and retention. But it’s easier said than done. Different employees have different needs: family care, mental health circumstances, remote locations, cultural holidays, you name it. How does a business take all of this into account while keeping the attendance policy consistent and compliant with ever-changing labor laws?

If you have a large company, multiple locations, or employees who work in the field, keeping track of employee attendance manually can be impossible. You may go an entire day without seeing all of your employees, so it’s hard to know if they’re where they’re supposed to be when they’re supposed to be there. Attendance apps can help with that.

GetApp, a company that helps businesses navigate the software buying journey, featured Buddy Punch in its Top Future Workforce Tools for 2023 list. The list consists of products from a mix of software categories relevant to small-business technology success. The categories are based on the expertise of GetApp’s research team and the assessment of user interest and market trends. Buddy Punch stood among the top-rated products with a rating of 4.8 (Out of 5).

It’s easy to find payroll software for Mac. For example, Capterra — a popular online review platform where you can find and compare software — features over 140 options for payroll software for Mac devices. What’s more important is finding payroll software that meets your specific business needs and the features you want when running payroll.

Buddy Punch is proud to have been recognized by Capterra in the Capterra Value Report: A Price Comparison Guide for Time Clock Software, which highlights the top Time Clock software products based on user reviews—those with the highest ratings for both value for money and functionality, with the starting price and functionality details being included for each product. Buddy Punch has been mentioned in this report with the following ratings.

Buddy Punch is proudly recognized by Capterra in their latest report: 5 Top-Rated Time Clock Software for Small Business, which highlights the five top-rated time clock software for small businesses based on user reviews. For each product, the overall user ratings have been included along with the highest-rated attribute, product benefits, review excerpts from industry professionals, and product pricing.