What Is Certified Payroll?
Certified payroll refers to weekly construction labor reporting that a contractor submits for each government contract they’ve worked. This, along with a signed statement of compliance, “certifies” to federal, state or local agencies that laborers on the project have earned at least the required “prevailing” — or, standard — wages.
Federal, state and local laws determine whether a prevailing wage is required for public works contracts. But each agency may determine its own prevailing wage rate requirements. These represent a standard rate of compensation for each class or trade of construction laborer on a similar job in the same geographic area. And one way they set these is through wage-determination surveys that working contractors submit.
Similarly, each agency may use its own form and reporting procedures. Therefore, there’s no one universal certified payroll report for all cases. But some are more common than others. The U.S Department of Labor, for example, uses Form WH-347.
By clicking on the sample Form WH-347 below, you can learn more about the kinds of information a typical certified payroll report requires and how construction-specific tools like FOUNDATION and Payroll4Construction.com makes the process of completing it automatic by using data from your processed payrolls.
Sample Certified Payroll Report
Page 1: Certified Payroll Reporting
Page 2: Statement of Compliance
Getting Started With Certified Payroll
Managing the various wage rates and fringes for certified payroll can be taxing on any construction office. And completing it by hand can take hours or longer. With integrated construction accounting software, however, contractors can use their job-costed payroll histories to automatically complete print and electronic forms ready for filing in seconds.
Begin by previewing FOUNDATION’s Payroll Module, and see how labor from the field turns into easy, compliant reporting fast!