Prevailing wage
The average wage paid to similarly employed workers in a specific area.
Prevailing wage laws ensure that workers on public projects are paid fair wages, reflecting local labor market conditions. Compliance is mandatory in many public works projects, affecting project costs and payroll management. Non-compliance can result in penalties and legal issues, making it essential for contractors to understand and adhere to these requirements.
Used in a sentence
We need to comply with prevailing wage laws for this public project.
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Prevailing Wages in Minnesota: What Contractors Should Know
In Minnesota, prevailing wage laws apply to state-funded projects over $2,500 with one trade or over $25,000 with more than one trade. There are separate rates for highway/heavy construction and building construction. Let’s take a look at prevailing wages in Minnesota — how and when they apply, plus the penalties for not following them. Types […]
Prevailing Wages in Pennsylvania: What Contractors Need to Know
On construction projects where prevailing wage laws apply, it’s important to abide by those rules. In Pennsylvania, publicly funded projects over $25,000 in costs are subject to prevailing wage requirements. Let’s explore Pennsylvania’s prevailing wage laws, how and when they apply — and the penalties for not following them. Types of projects where prevailing wage […]
Wisconsin Prevailing Wages: Everything Contractors Need to Know
Contractors in every state need to comply with a variety of construction laws, from environmental regulations to employment statutes. When it comes to paying construction workers on public projects in Wisconsin, contractors need to follow the state’s prevailing wage requirements. Failing to pay the appropriate wages to a worker who is covered under the regulations […]
Washington Prevailing Wage Rules, Requirements & Penalties
Working on a public construction project in Washington requires compliance with the state’s prevailing wage and certified payroll laws. Here’s what construction businesses and laborers need to know about Washington prevailing wage jobs, the rules they must follow, and how to avoid penalties. What makes a prevailing wage project? As a GC or subcontractor in […]
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