by Adam Garrett | May 2, 2017 | SUB Plan
SUB Plan as a Prevailing Wage Fringe Benefit PlanA Supplemental Unemployment Benefit Plan is a tax exempt plan or trust established to provide severance pay to prevailing wage workers who are laid off due to a reduction in workforce or plant closing. A SUB Plan...
by Adam Garrett | May 1, 2017 | SUB Plan, Supplemental Benefits, Supplemental Unemployment
Importance of Supplemental Unemployment Benefits Plan to your EmployeesThe effort to maintain skilled, healthy, and reliable workforce is a challenge for every employer. This is especially true on prevailing wage jobs. It is the contractor’s responsibility, not just...