ILLINOIS PREVAILING WAGE
FREQUENTLY ASKED QUESTIONS ON STATE PREVAILING WAGE
Whether you are just starting out as a prevailing wage contractor or just looking to keep yourself updated, we have compiled these resources about state prevailing wage. Here are the most common questions of prevailing wage contractors and workers to help expand your knowledge!
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Read on to know more about Illinois Prevailing Wage.
How are the prevailing wage rates in Illinois determined?
Where can I find information on the appropriate Illinois Prevailing Wage decision?
The Illinois prevailing wage rates determined every June can be revised, with the revision published monthly. If a revision does occur, the public body should notify the contractor of the revised rate, which would apply to public works projects.
These revisions are posted around two weeks before they become effective.
What are the filing and reporting requirements for prevailing wage projects in Illinois?
Contractors and subcontractors in Illinois need to keep accurate records of the name, address, telephone number, social security number, classification/occupation, and a breakdown of wages for each laborer, worker, and mechanic employed for public projects.
These records must be kept for at least three years, under the Freedom of Information Act, and open at all reasonable hours for inspection by the public body awarding the contract and by the Department of Labor.
Should contributions to plans be annualized?
The resulting amount of credit is the amount that can be subtracted from the direct pay per hour for the benefit portion of the wage rate.
Are there apprenticeship and training regulations in Illinois?
Employers need to be part of a recognized apprenticeship program, and should also accomplish the registration form for the training. If you are not part of a recognized apprenticeship program, this training component would be paid directly to the employee. If the per-hour training cost is less than the training component required by prevailing wage, you are also obliged to pay the difference to the employee.
Apprentice rates are determined by the Department of Labor’s Office of Apprenticeship.
TO KNOW MORE ABOUT ILLINOIS PREVAILING WAGE, CONTACT ARCHER JORDAN NOW!
Various state entities oversee the compliance and enforcement of the prevailing wage regulations within Illinois. The Illinois Department of Labor oversees the prevailing wage regulations. The Department of Human Rights investigates discrimination complaints, and the IL Department of Employment Security handles unemployment claims. The Workers’ Compensation Commission handles compensation cases. The Conciliation and Mediation Department of the Illinois Department of Labor handles prevailing wage compliance and enforcement in Illinois.
Compliance with the different regulations, from prevailing wage rate determinations, workers’ compensation and employment rights, can be challenging for you as a contractor. With ARCHER JORDAN, you can learn more about your duties and obligations regarding Illinois prevailing wage. Our team will help your business move forward smoothly with the government.