NEW JERSEY 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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The Division of Wage and Hour Compliance division in the New Jersey Department of Labor and Workforce Development governs the compliance of prevailing wage contractors to the state prevailing wage laws.
To know more, here are some details about Prevailing Wage New Jersey. For help with fully compliant fringe benefit plans in New Jersey please get in-touch via email or give us a call today!
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What do I need to know about prevailing wage contributions in New Jersey?
Does New Jersey have a specialized certified payroll report form?
According to the New Jersey Prevailing Wage Act, contractors and subcontractors must submit certified payroll reports for each employee to the public body within 10 days of payment of wages. The certified payroll reports must be received, filed, and made available by the public body during business hours. The original signature that certifies the accuracy of the payroll records must also be submitted together with the certified payroll report.
When should fringe benefit statements be filed in New Jersey?
What are the apprenticeship regulations in New Jersey?
Second, the proof of cost and coverage must be maintained and provided if the prevailing wage contractors claims credit for the given fringe benefits. If the prevailing wage worker is not working under an approved apprenticeship program, prevailing wage contractors must pay journeyman rates to the worker.
Are there pre-determined increases on prevailing wage rates in New Jersey?
If, upon the expiration date of the determination, the new rate has not been published, the previous rate will be considered as the prevailing wage rate. The increases in the pre-determined wage rates listed during the contract must be also be paid to the workers, starting from the specified dates in the contract.
What should I know about the method of determining New Jersey prevailing wage rates?
A copy of the wage determination issued for a particular project must be provided by the public body upon the awarding of the contract. The failure of the public body to post the prevailing wage rate does not excuse contractors from paying the prevailing wage to their workers. Prevailing wage contractors are also required to post the scale of wages in areas where they can be easily seen by their workers.
UNDERSTAND NEW JERSEY PREVAILING WAGE LAW WITH THE HELP OF ARCHER JORDAN!
Prevailing wage contractors must know the difference between the Davis-Bacon Act and New Jersey’s own prevailing wage law in order to effectively apply the regulations in their companies. To ensure strict compliance in prevailing wage laws, the New Jersey Department of Labor and Workforce Development will enforce and administer audits and inspections to contractors doing business with contracting agencies.
Let ARCHER JORDAN help you understand the New Jersey Prevailing Wage law with our years of experience in the field. For inquiries, contact our capable team today!