Strategies for Prevailing Wage Audits
This time of year has your team busy in the field, your office staff fully engaged, and the administrative wheels are rolling. The last person anyone wants to see on a job site or at the office is an investigator from the state or federal labor department, however,...Factors to Consider When Satisfying Fringe Benefit Requirements
If you’re deciding what type of strategy to implement to satisfy the fringe benefit requirements of prevailing wage laws, there are a multitude of factors to consider. Some of them include: 1. The amount of your work subject to prevailing wage law: The more...Rebalance Your Portfolio to Mitigate Risk
With a rapidly changing market comes the need to rebalance your portfolio to ensure you maintain your desired asset allocation. Volatile markets and global economic crises don’t happen every day, but they have certainly impacted investors’ portfolio balance in recent...3 Primary Reasons to Utilize a Trust Fund for Prevailing Wage Funded Benefit Plans
Construction companies subject to prevailing wage laws can satisfy fringe benefit requirements by making irrevocable contributions to specialized benefit funds on behalf of covered workers.