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LCPtracker's New WH-347 Form

LCPtracker, Inc., recognized as a leader in labor compliance and construction reporting software, has announced a significant update to the WH-347 form in their LCPtracker Pro platform. This revised form aligns with the latest payroll reporting regulations mandated by the U.S. Department of Labor (USDOL), which took effect earlier this year. With this enhancement, LCPtracker aims to make the reporting process smoother and more effective for its users.

Key Features of the Updated WH-347

Mark Douglas, CEO of LCPtracker, emphasizes that the update is a response to the evolving needs of the market. With the enhanced WH-347 form, users will have the opportunity to meet the new federal reporting requirements while benefiting from improved accuracy and reduced reporting errors.

1. Dual Form Support

The updated WH-347 form, which has been valid since January 15, 2025, will remain in use until January 31, 2028. During this transition period, both the original and the new version of the form will be accepted, although many awarding bodies are already mandating the new version. LCPtracker Pro will facilitate this transition by supporting both versions to ensure compliance with ongoing federal standards.

2. Improved Worker Classification

With the new form, contractors can now easily classify employees as either journeyworkers or registered apprentices directly within the form. This feature simplifies the classification process, making it easier for users to adhere to federal reporting requirements.

3. Enhanced Fringe Benefit Reporting

The updated WH-347 form allows for comprehensive fringe benefit documentation. Users can now provide details such as benefit names, types, and specific hourly credit values, whether funded or unfunded. Additionally, fields for total fringe credits and payments made in lieu of fringes are included, enhancing transparency in reporting.

4. Wage and Pay Transparency

The revamped report mapping feature enables users to report both gross wages and net pay, providing a more complete view of worker compensation. This transparency is essential for compliance and for protecting the rights of employees.

5. Modernized Statement of Compliance (SOC)

The SOC section of the WH-347 has been entirely redesigned, featuring additional attestations and clearer certification requirements. Certifying officials are now required to provide contact information, including phone numbers and emails, to streamline communication and follow-ups.

6. Apprenticeship Program Verification

New dedicated fields have been added for the identification of apprenticeship programs. This includes classification alignment and registration type, meeting the updated documentation standards outlined by the USDOL.

7. Usability Enhancements

In tandem with the official form’s modern visual design, the layout of the WH-347 within LCPtracker Pro has been refined to improve readability and user experience. This ensures that users can navigate the form efficiently and effectively.

Conclusion

These enhancements are now live and available within LCPtracker Pro. Organizations keen to streamline their federal reporting processes while ensuring compliance can learn more about these updates by visiting LCPtracker's official solutions page. They can also contact Sabrina Alcobendas for any inquiries.

LCPtracker stands out as a prominent provider of data tracking and management software aimed at assisting organizations with labor compliance and construction workforce management. By facilitating compliance and supporting workforce development initiatives, they play a crucial role in helping businesses and government agencies achieve their goals effectively.

For more details, you can visit LCPtracker's website or connect with them on social media platforms such as LinkedIn, Facebook, and Instagram.