Can VPM track and report payroll by department?

Yes. As part of the on-boarding process, we will ensure our systems are set up to reflect how your organization is structured in order to meet your departmental reporting needs.

How does VPM pay a client's taxes?

Taxes are submitted to the government electronically, with source deductions (CPP, EI, and Tax – Federal & Provincial including EHT in Ontario) submitted on your behalf.

Does VPM stay up-to-date with new payroll rules and legislations?

Yes. We follow all federal and provincial government changes affecting payroll. We add additional value to some client businesses by privately advising when a client might be offside on any legal obligation with their employees as well.

Do you offer payroll services to individuals or families?

Yes. For example, we can manage payroll for a family that has hired a nanny and does not want to manage their payroll and related reporting requirements.

What reports will I get as a new client?

We offer a robust suite of payroll reports for you and your business, such as employee paystubs and direct deposit statements and summaries, timesheet income listing for verification, the current payroll register, GL reporting for any accounting system reporting requirements, and more. Additionally, of course, all government and CRA required reports are sent to you in copy as well for your records.

Are you able to process payroll in Quebec?

Yes. Please contact us for more details.

Can you provide services on remittance of statutory deductions (Income Tax, CPP, EI, WSIB)?

Yes. We perform all regulatory reporting and CRA remittances for Income Tax, CPP, EI, WSIB, Health Tax, Garnishments, Union Dues, and Statistics Canada submissions.

Can I get a copy of sample payroll reports?

Yes, please contact us and we'll send you a copy.

Can your system help manage HR?

It really depends on the business, but for most cases no. Human resources management is a very large function, and while we track all employee information needed for payroll, this information may or may not satisfy typical HR management business needs.

Simplify Payroll for Construction: Expert Tips and Solutions

Simplify Payroll for Construction: Expert Tips and Solutions

Simplify payroll for construction with expert tips and solutions. Streamline processes, ensure compliance, and save time managing your workforce.

Keyword(s): payroll for construction

Simplifying payroll for construction companies is not just about saving time--it's about improving accuracy, ensuring compliance, and optimizing labor costs. Labor costs, for example, can be as high as 40% of total construction expenses when highly skilled or specialized labor is needed for a project, Bridgit reports.

However, with the right strategies and tools, construction payroll can be streamlined to save time, reduce errors, and improve compliance.

Here are expert payroll management tips and solutions to simplify payroll for construction companies.

1. Use Time-Tracking Technology

Construction employees often work on multiple projects or locations, making accurate time tracking a challenge. Manual time cards are prone to errors and time theft, which can lead to overpayment or non-compliance issues.

Investing in time-tracking software that integrates with your construction payroll system is a game-changer. Modern tools allow workers to clock in and out using mobile apps or biometric devices, ensuring precise time records.

2. Automate Payroll Processing

Automation eliminates many of the manual steps that slow down payroll processing and introduce errors. Payroll software for builders can calculate wages, overtime, taxes, and deductions based on real-time data from time-tracking tools.

Automation is particularly useful for handling:

Prevailing wages: Automatically calculate rates for government projects
Certified payroll reports: Generate compliant reports for public works projects without additional effort
Union requirements: Manage multiple pay scales and benefits effortlessly

By automating these processes, you reduce the risk of costly mistakes and free up time for more strategic tasks.

3. Stay Compliant with Labor Laws

Compliance is one of the most significant challenges in construction payroll. Between federal labor laws, state-specific regulations, and union agreements, it's easy to overlook critical requirements. Failure to comply can result in penalties, audits, or legal action.

To stay compliant:

Regularly review updates to wage laws and tax regulations
Use software with built-in compliance features that alert you to potential violations
Maintain accurate records of hours worked, wages paid, and deductions

Outsourcing payroll to an experienced provider can also help ensure compliance, as they stay up-to-date on regulatory changes and industry-specific requirements.

4. Handle Job Costing Efficiently

Job costing is essential in the construction industry to track labor costs accurately and ensure profitability. Good payroll providers can allocate wages and hours to specific projects, helping you determine the actual cost of labor for each job.

When payroll integrates seamlessly with job costing systems, you can:

Identify projects that are exceeding budgets
Adjust resources to improve efficiency
Provide more accurate bids for future jobs

5. Invest in Construction-Specific Payroll Solutions

Generic payroll management services may not address the unique needs of the construction industry. Look for software tailored to construction businesses, with features like:

Multi-Province tax calculations
Certified payroll reporting
Union pay and benefits tracking
Integration with project management tools

These specialized solutions save time, reduce errors, and offer insights that can improve overall business performance.

Simplify Payroll for Construction Companies Using VPM

By leveraging technology, automating processes, and investing in industry-specific solutions, you can streamline payroll for construction companies and focus on growing the business.

VPM is Canada's service and value leader in payroll, with 25+ years of experience and 500,000+ payments administered annually. We are also 100% Canadian. Get a free quote for VPM's true managed payroll service solution today.

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