New Overtime Rules Feature from hh2 Tackles Construction Industry’s Payroll Complexity Head-On
Overtime management is a well-known challenge in the construction industry, where complex regulations, project-specific agreements, and state-by-state variations can lead to significant financial loss and hours of administrative work. In fact, the manual burden of calculating overtime can consume up to 30% of payroll teams’ time and potentially cost contractors thousands in compliance-related errors. hh2 Construction Connected, the leading back-office platform built by contractors for contractors, is addressing this widespread issue with the release of its Overtime Rules feature as part of the Remote Payroll product. This new feature automates overtime calculations according to state, federal, or project-specific rules, offering construction firms a reliable solution to minimize errors and streamline payroll processes. A Timely Solution for a Pressing Problem The introduction of the Overtime Rules feature couldn’t be more relevant. With contractors constantly balancing tight margi...