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

Nonresidential Construction Spending Contracts in Six of Past Seven Months
By ABC
Construction job growth and spending are both down in recent weeks, signaling potentially persistent weakness in the economy for the near future.
Business

Executive Insights 2025: Leaders in Construction Accounting
By Construction Executive
What should contractors consider when choosing a new accounting firm? Leaders from Construction Executive's 2025 Top Construction Accounting Firms answer this and more.
Business

How Contractors Can Navigate Growth Amid Higher Costs and a Tight Labor Market
By Ben Johnston
The cost of borrowing money is more expensive. What does that mean for hiring labor and executing on projects?