|
|

Prevailing Wages: What you need to know

To ensure that organized labor has a fair chance to bid for government contracts, U.S. law requires all employers engaged in the performance of federal contracts to pay “prevailing” wages to their workers. This ensures that nonunion employers cannot gain an unfair bidding advantage by paying wages far below the union rate and passing the savings on to the government in lower bids. Virtually all federal expenditures in the private sector are covered by prevailing wage provisions. The main statutes in this area are the Davis-Bacon Act governing federal construction contracts, the McNamara-O'Hara Service Contract Act governing contracts to provide services to the federal government, and the Walsh-Healey Public Contracts Act governing the manufacturing of goods for the government.
For more information, see DOL's Wage and Hour Division prevailing wage resource book, found at http://www.dol.gov/whd.
For a Limited Time receive a FREE HR Report on the "Critical HR Recordkeeping”.  This exclusive special report covers hiring records, employment relationships, termination records, litigation issues, electronic information issues, tips for better recordkeeping, and a list of legal requirements.  Download Now
The Davis-Bacon and Related Acts (DBRA) requires all contractors and subcontractors performing work on federal or District of Columbia construction contracts or federally assisted contracts in excess of $2,000 to pay their laborers and mechanics not less than the prevailing wage rates and fringe benefits for corresponding classes of laborers and mechanics employed on similar projects in the area. The prevailing wage rates and fringe benefits are determined by the Secretary of Labor for inclusion in covered contracts
. Employers can access wage information through the Wage Determinations OnLine (WDOL) Internet website found at http://www.wdol.gov. The website allows contracting agencies to request and obtain wage determinations through the online services ...

>> Read more about Prevailing Wages

More on this topic:

State Requirements

Alaska | Arizona | Arkansas | California | Connecticut | Delaware | District of Columbia | Florida | Hawaii | Idaho | Illinois | Indiana | Kentucky | Maine | Maryland | Massachusetts | Michigan | Minnesota | Mississippi | Missouri | Montana | Nebraska | Nevada | New Jersey | New Mexico | New York | Ohio | Oklahoma | Oregon | Pennsylvania | Rhode Island | South Carolina | Tennessee | Texas | Washington | West Virginia | Wisconsin | Wyoming |

Prevailing Wages Resources

Prevailing Wages Products

Free Special Reports
Get Your FREE HR Management Special Report. Download Any One Of These FREE Special Reports, Instantly!
Featured Special Report
Claim Your Free Copy of Critical HR Recordkeeping

Record retention is complex and time consuming. However, in addition to complying with various federal and state laws, keeping good, well-organized records can be very helpful in documenting and supporting an organization’s employment actions.
Download Now!


This special report will discuss how you can ensure your records are in good order, and establish a record-retention policy.

Topics covered:
1. Hiring Records
2. Employment Relationships
3. Termination Records
4. Litigation Issues
5. Electronic Information Issues
6. Tips for Better Recordkeeping
7. A List of Legal Requirements

Make sure you have the information you need to know to keep your records in order.