WISCONSIN
5)
What is included in the calculation of wage rates?
A.) The term "prevailing wage rate"
means the hourly basic rate of pay, plus the hourly contribution
for health insurance benefits, vacation benefits, pension benefits
and any other bona fide economic benefit, paid directly or indirectly
for a majority of the hours worked in a trade or occupation
on projects in an area. If there is no rate at which a majority
of the hours worked in a trade or occupation on projects in
an area is paid, then the prevailing wage rate shall be the
average hourly basic rate of pay, weighted by the number of
hours worked, plus the average hourly contribution, weighted
by the number of hours worked, for health insurance benefits,
vacation benefits, pension benefits and any other bona fide
economic benefit, paid directly or indirectly for all hours
worked at the hourly basic rate of pay of the highest-paid 51%
of hours worked in that trade or occupation. (Wisconsin Department
of Workforce Development)
B.) An employer is not required to provide any
fringe benefits to a worker. An employer is only required to
pay the total prevailing wage rate specified for each trade
or occupation. Pay can be all in cash or any combination of
cash and bona fide fringe benefits, paid by the employer. (Wisconsin
Department of Workforce Development)
