Labor is the largest cost on most construction projects — and the hardest to control without reliable time tracking. CFMA found contractors who track labor by cost code earn margins 2–4 points higher than those using summary timesheets or no tracking.
Key Takeaways
(Multi-crew sites, FLSA compliance, real-time cost tracking)
DAILY CREW TIMESHEET
Company: ____________________________
Project / Job #: _____________________ Date: ___________
Foreman: ____________________________
─────────────────────────────────────────────────────────────
WORKER TRADE TIME IN TIME OUT BREAK REG OT
─────────────────────────────────────────────────────────────
____________ ______ ______ _______ ____ ___ ___
____________ ______ ______ _______ ____ ___ ___
____________ ______ ______ _______ ____ ___ ___
─────────────────────────────────────────────────────────────
CREW TOTALS ___ ___
HOURS BY COST CODE
─────────────────────────────────────────────────────────────
[ ] 100 — Demo / site prep _______ hrs
[ ] 200 — Framing _______ hrs
[ ] 300 — Rough MEP _______ hrs
[ ] 400 — Insulation _______ hrs
[ ] 500 — Drywall _______ hrs
[ ] 600 — Finish carpentry _______ hrs
[ ] 700 — Tile / flooring _______ hrs
[ ] 800 — Paint _______ hrs
[ ] 900 — Punch / cleanup _______ hrs
[ ] 999 — Travel / non-billable _______ hrs
─────────────────────────────────────────────────────────────
TOTAL CODED: _______ (must equal crew total above)
Foreman Signature: __________________ Date: __________
(Payroll processing, small crews)
WEEKLY EMPLOYEE TIMESHEET
Employee: _______________________ Week Ending: ________
─────────────────────────────────────────────────────────────────
DAY JOB # COST CODE TIME IN TIME OUT BREAK HOURS
─────────────────────────────────────────────────────────────────
MON ______ _________ ______ _______ ____ _____
TUE ______ _________ ______ _______ ____ _____
WED ______ _________ ______ _______ ____ _____
THU ______ _________ ______ _______ ____ _____
FRI ______ _________ ______ _______ ____ _____
SAT ______ _________ ______ _______ ____ _____
─────────────────────────────────────────────────────────────────
REGULAR: _____ OVERTIME: _____
TOTAL: _____
HOURS BY JOB:
Job ___________: _____ reg _____ OT
Job ___________: _____ reg _____ OT
Employee Signature: __________________ Date: __________
Supervisor Approval: _________________ Date: __________
(Track total labor from start to finish on one project)
PER-JOB LABOR COST SHEET
Project: ____________________ Contract Value: $________
─────────────────────────────────────────────────────────
PHASE EST HRS ACT HRS VARIANCE VAR %
─────────────────────────────────────────────────────────
Demo / Site Prep ______ ______ ______ ____%
Framing ______ ______ ______ ____%
Rough MEP ______ ______ ______ ____%
Drywall ______ ______ ______ ____%
Finish Carpentry ______ ______ ______ ____%
Tile / Flooring ______ ______ ______ ____%
Paint ______ ______ ______ ____%
Punch / Cleanup ______ ______ ______ ____%
─────────────────────────────────────────────────────────
TOTALS ______ ______ ______ ____%
LABOR COST SUMMARY
Worker Loaded Rate Reg Hrs OT Hrs Total
_____________ $________ ______ ______ $______
_____________ $________ ______ ______ $______
─────────────────────────────────────────────────────────
ACTUAL LABOR COST: $________
ESTIMATED LABOR COST: $________
VARIANCE: $________ (___%)
|
Code |
Phase |
|
100 |
Demo / site prep |
|
200 |
Framing |
|
300–320 |
Rough MEP (electrical/plumbing/HVAC) |
|
400 |
Insulation |
|
500 |
Drywall |
|
600–610 |
Finish carpentry / cabinetry |
|
700–710 |
Tile / flooring |
|
800–810 |
Paint / fixtures |
|
900 |
Punch / cleanup |
|
950 |
Supervision |
|
999 |
Travel / non-billable |
Keep it to 10–15 codes — match exactly to your estimate line items.
Relevant Article:Contractor Timesheet Template: Free Download + Complete Guide (2026)
Connected systems: construction job costing · how to estimate construction costs · construction overhead and profit
Sources: CFMA Labor Tracking Benchmarks 2024 · US DOL FLSA Recordkeeping · NAHB Cost of Construction Survey 2025