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How does P&W work?
How does P&W work?

Set a percentage rate for P&W. Pension and Welfare is typically handled by a payroll company.

Gabrielle P avatar
Written by Gabrielle P
Updated over 3 years ago

In BlinkBid you have the option to set a percentage rate for P&W (Pension and Welfare). 

To ensure that P&W% is applied to line items in the estimate, first add the P&W value into the financial section in the estimate window. Please follow the picture below and watch our video for more information about the advanced line item options BlinkBid offers. 

 

P&W is typically handled by payroll companies like Entertainment Partners. For example, if you are at the end of a job, Entertainment Partners will send you a bill with a total amount due for your payroll services, which includes the P&W fees.  

This fee is calculated as a percentage of the line item total which includes overtime and any line item markup.

For more articles related to this topic, click here.

 

 

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