Contractors Benefit Services - Construction Work

 Our bona-fide benefit plans can help you win State Prevailing Wage Projects

Call us to find out more...
(800) 800-5206

PREVAILING WAGE FRINGE BENEFIT PLANS

CONTRACTORS
AND EMPLOYEES
RETIREMENT PLAN
AND TRUST

HOURLY HEALTH AND
WELFARE PROGRAM

Contractors Benefit Services

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WIN MORE STATE PREVAILING WAGE PROJECTS

The Problem...
When a contractor performs work on a state prevailing wage project, they must pay employees predetermined wages and fringe benefits. If they do not provide benefits, they must pay the benefits as additional cash wages. Paying all cash wages costs you the most money.


Why?

All wages are subject to the following payroll burdens:
  • FICA Contributions
  • Workers Compensation
  • Premiums
  • Public Liability Premiums
  • Federal Unemployment Taxes
  • State Unemployment Taxes

 This Results In
Unnecessary
Higher Labor
Costs

The Solution

Use our plans to provide valuable benefits to your employees while you gain the following benefits:
  • Reduce your payroll burden
  • Keep private work wages and government wages closer
  • Lower your bids to be more competitive
  • Increase your profits

 


Contractors Benefit Services, LLC
223 East Center Street Manchester, CT 06040 Telephone: (860) 533-3090
Toll Free: (800) 800-5206
Facsimile: (860) 645-7460
Email: tgorman@gormaninsurance.com

 

PREVAILING WAGE FRINGE BENEFIT PLANS

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