CalSavers is a mandatory retirement…
The downside of paying fringe benefits in cash
Construction companies that pay fringe benefits in cash are giving up tens of thousands of dollars every year, maybe more. While Davis-Bacon and Related Acts require you to pay prevailing wages and fringe benefits, you can handle fringes through either cash or a bona...
What is a fringe trust?
Have you heard of fringe trusts and wondered what they were, how they work and if they are a good way to manage fringe benefits? Are fringe trusts even compliant with prevailing wage laws? In short, yes, a fringe trust is a completely legal, and affordable way to...
Fringe benefit FAQ
Most companies offer fringe benefits in some form, from healthcare and vacation time to retirement plans. For prevailing wage construction companies, fringe benefits take on a new meaning because they fall under requirements set up by Davis-Bacon and Related...
Alternatives to CalSavers
With the next CalSavers deadline approaching in June, many California companies are working to become compliant. For some this means defaulting into the system, which may be easy but does require employer-side setup and maintenance. Others are weighing options and...