by Jack Biltis | Nov 18, 2022 | Fringe Benefits
Fringe benefits take on a new meaning for prevailing wage construction companies due to the requirements created by Davis-Bacon and Related Acts(DBRA) and McNamara-O’Hara Service Contract Act (SCA). While most companies offer some form of fringe benefits, like health...
by Jack Biltis | Aug 8, 2022 | Certified payroll, Fringe Benefits
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...
by Jack Biltis | Aug 3, 2021 | Fringe Benefits
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...
by Jack Biltis | Jul 28, 2021 | Fringe Benefits
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...
by Jack Biltis | May 4, 2021 | California law, Fringe Benefits
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...
by Jack Biltis | Apr 21, 2021 | California law, Construction, Fringe Benefits
CalSavers is a mandatory retirement program in the state of California. Passed into law in 2016, the legislation was intended to reduce the looming retirement crisis by helping workers from all industries have access to retirement planning tools. Companies in...