Some of the unnecessary risks that I see repeated in companies that could cost you short term and in the long haul are:
- Using 1099 labor in place of employees under workers compensation,
- Allowing subcontractors to work without having a signed subcontract in place with all insurance and licenses necessary,
- Not e-verifying employees that you hire to work for your company,
- Failing to keep your policies and procedures up to date ,
- Renewing your insurance policies each year without verifying that your coverage is still sufficient for the operations that you are undertaking,
- Treating employees differently under the same circumstances, (ie: letting one show up late everyday while writing up another employee for being late a few times),
- Unsuccessfully negotiating change orders or otherwise securing payment for your subcontractors on a project (undue enrichment on the part of the owner -- You have a responsibility to your subcontractors to get them paid -- regardless of pay when paid or pay if paid clauses which only apply in wrongdoing),
- Failing to pay prevailing wages as required on a project,
- Not keeping accurate accounting records,
Is your company at risk? Are you guilty of any of these or others? We can help you out -- my book covers all of these items and more -- "Construction Administration Handbook". You can find it on my website www.MyConstructionOffice.com.
We can also help you with all of this in person -- If you are in the greater Phoenix Area, please feel free to contact us.
Charlene S Reed, Owner/Author
"Construction Administrator Handbook"
Responsible Business Services
www.MyConstructionOffice.com
No comments:
Post a Comment