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:
Our Latest Thoughts
Get the most up-to-date prevailing wage and fringe benefit information from our expert benefit plan advisors.
Benefits of a Supplemental Unemployment Plan During the Coronavirus Pandemic
Supplemental Unemployment Plans can provide compensation to employees beyond state unemployment insurance during lay off periods. SUB plans can help ease the financial stress of layoffs, generate peace of mind and worker loyalty, and offer significant tax advantages compared to severance pay.READ MORE >
Competitive Advantage with Prevailing Wage Bona Fide Benefit Plans
I have previously written on a contractor’s potential tax savings when utilizing a bona fide benefit plan to satisfy the requirements of the prevailing wage law. However, there are other ancillary advantages that can provide a competitive advantage for contractors. Savings on Overtime Pay The Davis Bacon Act (DBA), Service Contract Act (SCA) and some […]READ MORE >