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…
Tag: health and welfare benefits
How a Fringe Benefit Plan Drives Competitiveness
[A version of this article was originally published in the July 2021 issue of Construction Business Owner magazine.] The government contracting industry is in a league of its own when…
Health and Welfare Benefits and the Executive Order
On April 27, 2021 the Biden-Harris administration issued an executive order raising the minimum wage for workers who are working on federal contracts to $15. The task of implementing and…