My entire 27-year career has been centered on helping merit shop construction companies design and administer employee benefit plans compliant with prevailing wage regulations and I am still astounded when I hear that a contactor chooses to pay required fringe benefit contributions as cash wages rather than benefits because “that is what employees want”.
Self-insured, or self-funded health plans, are popular with employers that have a large, diverse workforce.
We would like to highlight some questions and answers we have received lately that we believe have broad relevance to our clients and prospects.
As we dive head first into summer, the construction season is well underway.