Fringe Benefits: Workers’ Compensation Premiums

Fringe Benefits: Workers’ Compensation Premiums

Workers’ compensation (workers’ comp) insurance is an expensive, yet important part of your overall HR compliance requirements. Workers’ comp costs are calculated based on the total pay for an employee — these costs can add up if employees are doing riskier work. The...
Fringe Benefits: Workers’ Compensation Premiums

Paying fringes in cash can cost thousands

Construction companies are wasting hundreds of thousands of dollars each year by paying fringe benefits in cash. Working on government contracts requires contractors and subcontractors to abide by the Davis Bacon Act, in which companies have to pay a certain...