Certified payroll is a critical requirement for contractors and subcontractors engaged in federally funded construction projects. It ensures compliance with labor laws and guarantees that workers receive fair wages. In this guide, we’ll delve into what certified payroll entails, its significance, who needs to comply, and how GetPayroll simplifies the process.
What Is Certified Payroll?
Certified payroll refers to a weekly payroll report that contractors and subcontractors must submit when working on federally funded construction projects exceeding $2,000. This requirement stems from the Davis-Bacon Act, which mandates that workers on such projects be paid prevailing local wages and benefits
The report, typically filed using Form WH-347, includes detailed information such as:
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Employee names and Social Security numbers
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Work classifications
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Hourly rates and hours worked
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Gross wages, deductions, and net pay
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Project details and locations
This documentation verifies that workers are compensated fairly and that contractors adhere to labor standards.
Who Needs to Comply?
Compliance with certified payroll reporting is required for
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Contractors and subcontractors on federally funded construction projects over $2,000
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Projects involving construction, alteration, or repair of public buildings or public works
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Employers paying workers the prevailing wage as determined by the Department of Labor
Failure to submit accurate and timely certified payroll reports can result in penalties, including withheld payments or legal action.
How Is Certified Payroll Used?
Certified payroll reports serve multiple purposes:
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Verification: Ensures workers receive prevailing wages and benefits.
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Compliance: Demonstrates adherence to the Davis-Bacon Act and related regulations.
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Transparency: Provides government agencies with detailed labor cost information
These reports are essential for maintaining integrity and fairness in publicly funded construction projects.
How GetPayroll Simplifies Certified Payroll
At GetPayroll, we understand the complexities of certified payroll reporting. Our services are designed to streamline the process, ensuring accuracy and compliance:
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Automated Reporting: We generate and submit Form WH-347 on your behalf, reducing manual effort.
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Compliance Assurance: Our team stays updated on federal and state regulations to keep your business compliant.
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Expert Support: With over 30 years of experience, we provide personalized assistance tailored to your project’s needs.
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Integrated Solutions: Our payroll services seamlessly integrate with timekeeping and HR systems for efficient management.
By partnering with GetPayroll, you can focus on your core business activities while we handle the intricacies of certified payroll reporting.
Ready to Ensure Compliance and Simplify Your Payroll?
Don’t let the complexities of certified payroll reporting hinder your project’s progress. Contact GetPayroll today to learn how our expert services can support your business.
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