If you’ve ever worked on a government construction project, you’ve probably heard the name “Davis-Bacon.” Or else, those two words might be why you’ve never bid on a publicly funded job. Technically, Davis-Bacon is the name of just one piece of prevailing-wage legislation. However, people often use it to refer to all sorts of prevailing-wage requirements. And it does give …
Check Your Prevailing Wage Worker Classifications When is a laborer not a laborer? Potentially, when they’re an equipment operator — or working as anything else, for that matter. That’s because when agencies look for prevailing wage compliance, they aren’t necessarily looking at job titles. Instead, they want to know workers are being classified and paid for the work they’re doing. …
Know Your Fringe Benefit Rules Union and prevailing wage payrolls give you a lot to keep track of — between rates for multiple trades and multiple rates for benefit types — but make sure too that those rates aren’t all calculating the same. Some fringes are subject to overtime while some are calculated by percentage; some are pre-tax and some …
Payroll Outsourcing question Hey Fred, I have a question about payroll outsourcing- We’re a mid-size contractor working on a variety of different jobs (including prevailing wage work) and the truth is that our payroll is getting to be too much to handle. We’re looking to do some payroll outsourcing, but I have no idea where to start. Is there a …
Construction Payroll: make fringes easier to track Processing construction payroll is complicated to begin with. Non-union contractors working on prevailing wage jobs have an added complexity to deal with: fringes. Fringes are meant to level the playing field for non-union contractors bidding on prevailing wage jobs. Unions offer benefit packages including health and welfare, vacation, pension, and more. Fringes are …