The Department of Labor’s annual fringe rate for health and welfare benefits has a massive impact on the operations of SCA contractors. The state of the fringe rate greatly influences…
Tag: fringe rate
Top Industry Challenges Facing Construction Contractors
Things may slowly be getting back to normal, after a rough couple of years, but that doesn’t mean construction contractors are in the clear. 2022 still has plenty of curveballs…
Government Contractors Need a Fringe Rate Increase
Every year the Department of Labor announces a new rate for fringe benefits. That number is of the utmost importance for thousands of government contractors, as it impacts everything from…
2021 SCA Fringe Rate Announced by the DOL
On July 16, 2021, the Department of Labor’s Wage and Hour Division issued All Agency Memorandum No. 237, announcing that the prevailing health and welfare fringe benefit rate under the…
SCA Fringe Rates Announced by Department of Labor
On June 29, 2020, the Wage and Hour Division (WHD) of the U.S. Department of Labor announced that the prevailing health and welfare fringe benefits issued under the McNamara-O’Hara Service…
The Value of Fringe Benefits
As far as we’re concerned, fringe benefits are worth their weight in gold. Applying the fringe dollar to employee benefits is a competitive option that provides cost-savings to government contractors…