New Bill Proposes Tax Credit for Companies with Workers Trained on Cybersecurity

Training Your Hourly Workers about Cybersecurity Could Benefit the Company

A house bill has been introduced proposing that a tax credit be awarded to companies that train their prevailing wage workers in cybersecurity. The National Institute of Standards and Technology has issued guidelines for companies regarding the cybersecurity skills that employees must learn.

What is the Importance of Cybersecurity to Hourly Workers or Even Prevailing Wage Contractors?

Why does the government give much importance on cybersecurity? What is its relevance to companies that make it an important technique that must be acquired by prevailing wage workers or hourly workers?

Cybersecurity is a body of processes and technologies that is meant to be a protective measure for the government, financial, business, corporate and military organizations. Cybersecurity can benefit prevailing wage contractors because it protects the company or organization’s network including all the important data.

Prevailing wage workers who are trained in cybersecurity will certainly be an asset to any company. This is why the government encourages companies to arm their employees with necessary skills and techniques.

Cybersecurity is important because it protects the organizations and businesses from cyberattacks. As a preventative measure, cybersecurity benefits companies when they equip them with appropriate measures to battle cybercrimes and cyber threat issues.

What is the New Cybersecurity Bill for Prevailing Wage Contractors?

A new bill which offers tax incentive to companies that provide cybersecurity training to their prevailing wage workers aims to increase security and build stronger security systems. Aside from tax credit, companies can also get a 5% increase in their evaluation score for future government bids.

This new bill can bolster the skills of prevailing wage workers to address new problems and threats that plague the industry. As the threat of cyberattacks increases, more employers are seeking ways to train their employees in cybersecurity. There is also more demand on workers that are knowledgeable in cybersecurity.

This new bill encourages companies to seek ways to work out a retraining strategy for their employees. It includes giving them flexible work time, allotting several hours a day for training or giving employees stipends for their cybersecurity training.

This new cybersecurity bill can help companies minimize losses and upgrade their security measures.

ARCHER JORDAN Keeps You Updated

As your fringe benefits advisor, ARCHER JORDAN is dedicated to ensuring your smooth operation by helping you comply with existing laws and keeping you posted with laws that could impact your company.

With ARCHER JORDAN as your third party administrator, we will take care of your human resource and compliance so you can focus on running your business.

3 handbook cover images.

For Government Contractors

Our Contract Compliance
Handbook Series will help ensure your company is fully compliant and positioned to win and secure more bids!


AD & D
Affordable Care Act
AK Prevailing Wage
AL Prevailing Wage
AR Prevailing Wage
AZ Prevailing Wage
CA Prevailing Wag
CA Prevailing Wage
CA Prevailing Wage 401k
Call Centers
CO Prevailing Wage
Compliance Tips
Critical Illness
CT Prevailing Wage
Davis Bacon Act
DE Prevailing Wage
Department of Labor
Disability Insurance
Employee Benefits
Employee Training
Employer Tips
Farm Labor Plan
Fixed Indemnity
FL Prevailing Wage
Fringe Benefits
GA Prevailing Wage
Government Contracting
Government Contractors
Health and Welfare Wrap
Healthcare Benefits
HI Prevailing Wage
Hospitality Benefits
Hourly Seasonal Workers
Hourly Workforce
Human Resources
ID Prevailing Wage
IL Prevailing Wage
IN Prevailing Wage
IO Prevailing Wage
KS Prevailing Wage
KY Prevailing Wage
LA Prevailing Wage
Limited Medical
MA Prevailing Wage
Major Medical Insurance
McNamara-O’Hara Act
MD Prevailing Wage
ME Prevailing Wage
MI Prevailing Wage
MN Prevailing Wage
MO Prevailing Wage
MS Prevailing Wage
MT Prevailing Wage
NC Prevailing Wage
ND Prevailing Wage
NE Prevailing Wage
NH Prevailing Wage
NJ Prevailing Wage
NM Prevailing Wage
NSRMCA Members
NV Prevailing Wage
NY prevailing wage
OH Prevailing Wage
OK Prevailing Wage
OR Prevailing Wage
PA Prevailing Wage
Part Time Employees
Podcast Guest Appearances
Prevailing Wage
Prevailing Wage Workers
Restaurant Group Benefits
Retirement Plans
RI Prevailing Wage
SC Prevailing Wage
SCA Audits
SCA Compliance
SD Prevailing Wage
Seasonal Workers
Service Contract Act
Small Business
State Prevailing Wage
SUB Plan
Supplemental Benefits
Supplemental Unemployment
Third Party Administrator
TN Prevailing Wage
Trust Services
TX prevailing wage
UT Prevailing Wage
VA Prevailing Wage
Violations – SCA
Voluntary Benefits
WA Prevailing Wage
WI Prevailing Wage
Workplace Health
Workplace Safety
WV Prevailing Wage
WY Prevailing Wage