In this article, we take a look at how an effective construction time tracking software can help companies adhere to State, Local, and Union laws.
In the US, these laws differ from state to state. If you are a construction business owner with field crews distributed across state lines, it is imperative that you have a handle on the laws of each state and ensure that you adhere to them.
Failure to do so would result in fines, penalties, and even a loss of reputation. Additionally, projects would get delayed or stalled until resolution, causing further problems to the company.
One way companies can ensure absolute compliance is by investing in a time tracking software with robust features. Ideally, the software should be easy to use for field crews to log time easily, and provide the right data at the right time for manages and accounting teams. But above all, it should allow users to set rules that comply with all the laws and alert the right stakeholders in the event of potential non-compliance. For further tips on how to identify a good software, take a look at our earlier guide.
An automated time tracking software offers several benefits over traditional manual methods:
Accuracy: Automated systems reduce the risk of errors in time tracking. If such errors happen to fall foul of exisiting laws, companies could face heavy penalties. Software can ensure greater accuracy which is also useful for swift payroll and invoicing.
Efficiency: Automated time tracking can save time and resources by eliminating the need for manual data entry and calculations. This frees up time for companies to better focus on areas of improvement with respect to compliance.
Transparency: With automated time tracking, companies can provide transparent and accurate reports to employees, unions, and regulatory bodies on demand. All the data is available in a few clicks and easily sharable.
Compliance: Automated systems can be programmed to comply with specific state and union laws, reducing the risk of non-compliance.
In the construction industry, compliance with state and union laws is crucial. Automated time tracking can play a key role in ensuring compliance, reducing errors, and increasing efficiency. By leveraging technology, construction companies can not only meet their legal obligations but also improve their operations and bottom line.
Remember, non-compliance can lead to significant financial and reputational damage, as well as operational disruptions. Therefore, it’s crucial for construction companies to understand and adhere to these laws to ensure smooth operations and avoid potential disputes and penalties.
