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The Contractor Guide to Health Insurance
You have two office assistants, a general manager, four project managers, eight supervisions, and fifty-three skilled tradesmen working under you on a constant and ever … See more
Actived: 6 days ago
URL: https://blog.contractorhub.com/blog/the-contractor-guide-to-health-insurance
4 Smart Ways to Manage Your Contractor Cash Flow
WebWhen a project goes over time or over budget your cash flow may suffer. A proactive project manager can help avoid issues like these. Take the time to: Manage your schedules so you are able to start projects on time. Prepare for emergencies proactively. Adjust your timelines as projects evolve. Taking a strategic approach to project …
What's The Difference Between Contractor Insurance vs. Surety Bon
WebWhat's the difference between contractor insurance and surety bonds? Contractor insurance protects your financial interest in your business. Surety bonds protect your clients and ensure you hold up your end of contractual agreements.
3 Ways to Prioritize Employee Mental Health
WebEmployers across all industries are increasingly focused on addressing and supporting the mental health of their employees. While mental health has been a priority for some employers for a while, the COVID-19 pandemic brought this issue to the spotlight.
What You Need to Know About the Paycheck Protection Program
WebThe Paycheck Protection Program (PPP) is designed to do just that: providing an SBA-backed loan to help businesses keep their workforce employed, rents paid, and the utilities on.. Many business owners have wondered how and when they can apply for the PPP. Here are answers to your biggest PPP questions. What is the Small Business …
How COVID is Shaping Residential Construction and Design Trends
WebWhen major global events like the COVID-19 pandemic strike, the effects are felt across every industry. We asked two industry experts to share their thoughts on the post-COVID trends that will be shaping the design, build, and decor of homes and buildings in the coming year.
New 2023 Laws Affect California Contractors
WebContractors who violate building laws will see an increase in civil penalties under AB1747 in 2023. The bill increases the fine from $8,000 to $30,000 for every violation of BPC Section 7110 (violations of building laws) and amends Section 7099.2 (assessment of civil penalties). In addition to building permit violations specified in BPC 7110
How to Prevent Rooftop Falls in Winter
WebInstalling skylight screens can also protect workers from falling through when traversing a snow-covered roof. 3. Unprotected Roof Edges. The roof's edge is the most visible hazard and typically the hazard most people want to protect first. Protecting workers from slips, trips, and falls from the roof edge is critical in every season and even
Do You Need Contractor Pollution Liability Coverage
WebContractor pollution liability insurance will generally cover bodily injury, property damage, and expenses incurred in investigating, settling, or defending a pollution claim. Pollution liability insurance will typically also cover cleanup costs to remove, neutralize, and restore damaged property as part of the covered damages.
3 Ways to Overcome Skilled Labor Shortages
WebLean on Technology. Finally, contractors can also overcome skilled labor shortages by implementing new technologies and automation solutions on their job sites. This can include using drones to survey job sites, 3D printing to produce building components, or other advanced technologies that can increase efficiency and productivity.
The Biggest Stressors Facing Construction Business Owners
WebPersonally, one of my most significant stressors in the construction industry is managing financial forecasting. It can be difficult to accurately predict project expenses and material costs as they constantly change. Additionally, unexpected delays or problems on a job site can cause budgeting issues for the entire project.
Construction Safety: Opioids in Workplace
WebA report from the Massachusetts Department of Public Health states that, from 2011 to 2015, those employed in the construction and extraction industries accounted for 26% percent of all opioid-related overdose deaths. That’s 6x the average rate for all Massachusetts workers. In Ohio, construction workers are 7x more likely to die of an …
3 Winter Workplace Safety Tips
WebProtect workers by using snow removal methods that do not involve workers going on roofs, when and where possible. Clear walking surfaces of snow and ice, and spread deicer, as quickly as possible after a winter storm. Ensure workers recognize the hazards of winter driving and practice safe winter driving . Winter isn’t letting up anytime
How Much Does Workers Comp Cost for Contractors
WebPayroll. Workers’ comp rates are expressed as a dollar amount per every $100 dollars you spend on payroll per class code. So, if you’re rate is $10 per every $100 for your restaurant employees - with a total annual payroll of $300,000 - your workers’ comp costs for the year would be approximately $30,000.
Are You Liable for Subcontractor Work
WebYour general liability insurance is designed to protect you against claims for third-party property damage or injuries. Require subcontractors to carry their own liability insurance. Don’t be shy about making this a requirement. Spell it out in the construction contract. It’s a very common practice, so any subcontractor with experience
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