Prevailing Wage Fringe Benefit Savings Calculator
When you work with DirectAdvisors, we will help you find savings opportunities that meet prevailing wage requirements for government contractors while offering valuable retirement, health and welfare fringe benefits to your employees.
Enter your information to see how much your company may be able to save:
WORKING THE FRINGE
The fringe benefit portion of prevailing wage regulations are particularly complicated and therefore often misunderstood and misapplied by contractors (including merit shop companies engaged in governmental work).
Fringe benefit confusion can lead to:
1. Contractors missing opportunities to bid more competitively
2. Compliance problems that generate large unanticipated liabilities
3. Inferior benefit programs for your company compared to those provided by trade unions
At DirectAdvisors, we identify options and strategies as to how contractors can pragmatically comply with prevailing wage regulations, while also potentially creating a competitive advantage that will help them bid more competitively, increase profits and raise employee satisfaction and loyalty.