Prevailing Wage Law: An Understanding of the Davis-Bacon Act
| Duration: 90 minutes | Speaker: Susan Fahey Desmond |
Available On-Demand
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ABOUT THE EVENT
Those who want the privilege of doing business with the Federal Government and offer services on federally funded or assisted construction projects must comply with the Davis Bacon Act. The DBA requires these companies to pay at least the locally “prevailing wage” to laborer and mechanics employed on the contract. But how do you determine that “prevailing wage”? The DOL is increasing its enforcement of the DBA – don’t be caught violating the DBA – you may face having to pay millions of dollars of damages and attorneys’ fees! We will also cover recently Executive Orders issued by President Obama that impacts how you pay your employees.
Learning Objectives:
- Overview of the Davis Bacon Act
- Contractors and subcontractors covered
- Key Differences between the DBA and state prevailing wage laws
- Calculating the prevailing wage
- Classifications of Work and the Conformance Process for Missing Classifications
- What are bona fide fringe benefits and self funded benefits?
- Recordkeeping
- New pay requirements for federal contractors
Who will Benefit:
All companies performing work for the federal government; human resource professionals; payroll clerks
Susan Fahey Desmond
Susan Fahey Desmond is a principal in the New Orleans office of Jackson Lewis P.C. Jackson Lewis is a labor and employment law boutique firm with offices in over 54 cities across the country. In addition to being a frequent speaker and author, Ms. Desmond is listed in Best Lawyers in America and has been named by Chambers USA as one of America’s leading business lawyers. The National Association of Professional Women recently named her as a VIP Woman of the Year.
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