Pay for Training With Prevailing Wage Fringes

Pay for Training With Prevailing Wage Fringes

Virtually any type of job related training, including apprentice training and safety training are considered bona fide benefits and therefore can be used to help meet the fringe benefit obligation of the Davis-Bacon Act or state prevailing wage laws.

Trump Administration and Public Works Projects

Trump Administration and Public Works Projects

Donald Trump has made the rebuilding of our national infrastructure a day one priority. That could translate to unprecedented bidding opportunities for construction companies across the country.

Dipping Your Toe in the Water

Dipping Your Toe in the Water

We continually talk with construction companies about the advantages of shifting prevailing wage fringe benefits out of payroll and into bona fide benefit programs like the DirectAdvisors Trust. Although this often makes tremendous financial sense for construction companies and their employees, the transition can be difficult when employees are accustomed to having that money paid as wages.