Prevailing Wages in NY and NJ

Offering a team of professional employee benefit advisors specializing in Prevailing Wages in NY and NJ

Does your business:

• Know how to take hourly credit for medical costs?
• Take credit for vacation, holiday, and sick-pay? *
• Avoid paying workers compensation premiums on Section 125 and 401(k) deductions for prevailing wage employees?*
• Have a prevailing wage provision in your pension or 401(k) plan?
• Avoid paying overtime rates on fringe benefit contributions?

* Where applicable

If you answered “NO” to any of the above questions, then Patterson Smith Associates, LLC can help reduce your labor costs significantly, while ensuring that you are in compliance with the applicable state or federal prevailing wage laws.

Read our article in Construction Executive on Davis-Bacon Compliance.