The Davis-Bacon Act in the US requires prevailing wages to be used for government-contracted workers on public projects. Different states have their own methods for determining these wages, which can be controversial and lead to extra spending and benefits for unionized workers. Critics argue that this leads to wasteful spending and favors unions. Prevailing wages […]
Prevailing wage is the hourly wage, benefits, and overtime paid to workers in a particular region. It includes health care, retirement account payments, and paid vacations. Employers may be required to file a prevailing wage determination application, and falsifying information can lead to legal consequences. A prevailing wage is a wage that reflects the hourly […]
