What must contractors ensure regarding social security and workers' compensation laws?

Contractors must ensure compliance with required statutes and rules, especially concerning social security and workers' compensation laws. This entails adhering to federal and state regulations that govern the employment practices in their industry. Social security laws mandate proper withholding and reporting of employee wages for social security benefits, while workers' compensation laws require protection for employees in case of workplace injuries. By focusing on compliance, contractors not only fulfill their legal obligations but also protect their employees and themselves from potential legal consequences, penalties, and liability. Ensuring compliance is fundamental to operating a legitimate and ethical business in the construction industry. This option encapsulates the broad responsibilities that contractors have regarding employee welfare and legal adherence, which is crucial for maintaining a safe and lawful work environment.