“Employees act daft as a brush during the week. But they all become maths genius’s when the payslip arrives” Clients name withheld (Not GME)
It’s funny, but only because it’s so true. Calculating wages can be a nightmare for trades and construction businesses.
Firstly there’s the timesheet issue we’ve already described. Then there’s how they are paid.
Some, particularly the apprentices are paid hourly. Though this may be different on a college day. Others can be paid different rates depending on the site and the work types their doing.
A lot of employees are on a day rate. But this can sometimes be simpler than it looks. Since its imperative that an Effective Rate Calculation is done to check for consistency.
Payment on price is common for painters. But tracking accurately who has do how much of each part of a large complex job over multiple weeks is all but impossible on paper or a spreadsheet.
Finally, there’s Day Work Sheets and Variations. Both which are typically different rates from their ‘normal’ rates of pay and need tracking and invoicing separately.
For GME and others, we can track all this in a simple App and let it do all the heavy mathematical lifting. To get an accurate pay for each employee its as simple as entering 2 days and clicking ok.