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SUB Plan: How Essential Is It for Prevailing Wage Contractors?

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...

Why should I offer Supplemental Unemployment Benefits Plan to My Prevailing Wage Contractors?

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...

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