fringe

Prevailing Wage-Paying More Than the Wage Decision Requires

Published March 16, 2012 | By Nancy Smyth

The Wage Decision provides you with the minimum amounts (base rate and fringe rate) that you must pay your employees when they work on a Prevailing Wage job - but confusion often happens when you actually pay your employees more than what the Wage Decision requires

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Payroll Tip: Union Benefits Calculated Against Hours NOT Wages

Published February 27, 2012 | By Nancy Smyth

Union fringe benefits can be calculated in a number of ways; some are based on a percentage of gross wages while others are a fixed dollar amount per hours worked. Either way you look at it, it can become pretty complex.

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Prevailing Wage Jobs – Fringe Benefits Question

Published January 4, 2012 | By Nancy Smyth

Q. My boyfriend is being told that the company he works for will be taking half his pay each week to put in a 401k HALF!!! Is this legal? A. More and more companies that work on prevailing wage jobs are opting to use the fringe portion of the prevailing wage to legally purchase bona fide fringe benefits.

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The Benefits of Paying Prevailing Wage Fringes to a Bona-fide Plan

Published May 25, 2011 | By Nancy Smyth

The benefits of paying the Prevailing Wage Fringe Benefit portion to bona-fide plan is often misunderstood by employers and employees alike.

Prevailing wage jobs, those jobs that are subject to the Davis-Bacon Act and/or State Prevailing Wage Laws, require that… Continue reading →

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Prevailing Wage Fringes-Taking Credit for Company 401k Contributions

Published April 18, 2011 | By Nancy Smyth

The fact that you are a non-union shop, and your employees are probably also work on non-prevailing wage jobs adds another layer of complexity to this.

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QuickBooks Payroll Tip – Tracking Union Fringe Benefits

Published January 25, 2011 | By Nancy Smyth

Setting up and tracking Union Fringe Benefits in QuickBooks can be a fairly straightforward task, Union Fringes are just a specified hourly dollar amount that the company pays to the Union on behalf of the employee.

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Prevailing Wage Fringes-Taking a Credit for Health Insurance

Published December 6, 2010 | By Nancy Smyth

Taking a Health Insurance credit against the full prevailing wage fringe benefit and reporting it correctly on the Federal WH-347 Certified Payroll Report can be very confusing.

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#QuickBooks for Contractors Freebie Friday Prevailing Wage Fringes

Published November 19, 2010 | By Nancy Smyth

This week's eBook provides information on paying and tracking prevailing wage fringe benefits, when you work on a government funded construction project that requires the submission of certified payroll reports.

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Calculating & Displaying Fringe Benefits on a Certified Payroll Report

Published July 12, 2010 | By Nancy Smyth

In recent months, I have repeatedly seen posts from QuickBooks users on the Intuit Community Forums asking how the fringe benefit rate is calculated and then displayed on the Certified Payroll Report in Excel, which is now a standard function of QuickBooks Premier and Enterprise when used in conjunction with Enhanced Payroll, and I really haven’t seen any good responses.

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Prevailing Wage-Paying More Than the Wage Decision Requires

Prevailing Wage Fringes-Taking Credit for Company 401k Contributions

QuickBooks Payroll Tip – Tracking Union Fringe Benefits

Prevailing Wage Fringes-Taking a Credit for Health Insurance

#QuickBooks for Contractors Freebie Friday Prevailing Wage Fringes

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