Payroll and remittance specialist
- Monthly remittance reports for each local and fund
- Hours reconciled from timecards to payroll to reports
- CBA rate sheets kept current by classification and local
- Dues checkoff and reciprocity transfers tracked
Who this is for · Union contractors
Is Veltronx a fit?
Veltronx is a good fit for union contractors working under one or more collective bargaining agreements. A dedicated Veltronx team prepares the monthly remittance reports for each local and trust fund, keeps CBA wage and fringe rates current by classification, reconciles contributions against payroll, tracks dues checkoff and reciprocity, and keeps records ready for a trust fund audit, all for your review before anything is paid or submitted.
Union work brings a reporting calendar most non-union contractors never see: a separate report for each fund and each local, rates that change with every agreement, and auditors who can look back years.
The back-office reality
Every CBA and trust fund sets its own rules, but the recurring work looks much the same from local to local.
Hours worked and contributions are reported to each trust fund, commonly monthly and often due by a set day of the following month, with some locals requiring weekly or semi-monthly reports.
Health and welfare, pension, annuity, apprenticeship and training, and industry funds can each have their own rate, report and payment.
Wage and fringe rates differ by classification and change when agreements renew, so a single flat rate across a crew is a common and costly mistake.
Working dues and other authorized deductions withheld from members' pay have to be calculated and remitted to the local.
Crews working outside their home local can create separate reports for each local, and reciprocity arrangements route contributions back to the member's home fund.
Funds audit contributing employers against payroll records, timecards and tax filings. Late or inaccurate reports can bring interest, liquidated damages and audit findings.
Many agreements set apprentice-to-journeyworker ratios on the job that have to be tracked and documented.
Union contractors on public work often carry certified payroll reporting as well as their trust fund reports.
Where Veltronx fits
Each role is a dedicated team member assigned to your company, working inside your systems and trained on your procedures.
Getting started
What stays with you
Veltronx staff prepare and reconcile; you approve. Every remittance report and payment to a fund is reviewed and released by your team. Veltronx does not interpret collective bargaining agreements or represent you in disputes or audits; that stays with your labor counsel, CPA and contractor association.
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Not sure this is you? See every kind of business Veltronx is a fit for.
FAQ
A 30-minute discovery call: how your estimating, accounting, payroll and administrative work flows today, which systems are involved, and how a Veltronx team fits.