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What Does Paid in Arrears Mean?
Cash flow is an ever-present issue in the construction industry. Contractors and subcontractors are often paid once the work is completed but cash is needed during for materials, supplies and workers. Paying in arrears is one way to strike a...
Time
Article
What Does Paid in Arrears Mean?
Cash flow is an ever-present issue in the construction industry. Contractors and subcontractors are often paid once the work is completed but cash is needed during for materials, supplies and workers. Paying in arrears is one way to strike a...
Time
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Understanding the ROI of HR Software
How Smart HR Software Purchases Easily Provide ROI Construction companies today are striving to do more with less. The cost of constructions materials has decreased in 2024 but are still nearly 40% higher than pre-pandemic levels. Companies continue...
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Top 5 HR Challenges in Construction: What Keeps HR Leaders Up at Night
Working in construction is tough. It is physically demanding and takes place in all types of climates. Meanwhile, office staff like HR teams must manage a workforce that’s mobile, sometimes across state lines. These employees rarely visit the office...
Payroll
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ExakTime’s Best Construction Payroll Integrations
The construction industry runs off its workers. Employees help companies build, renovate, repair and maintain structures. And like workers from all other industries, they want to get paid on time for all hours worked. But unlike other industries,...
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Are You Ready for 2025’s Workforce Challenges?
Contractors face a myriad of workforce challenges every day and many of those don’t seem likely to disappear in 2025, especially the lack of skilled workers. In September 2024, there were 7.4 million job openings, according to the US Bureau of Labor...