Melissa Binetti, Attorney at the IIIFFC, will discuss the basics of the Illinois Prevailing Wage Act and recent updates. Frank Manzo IV, Economist at the Illinois Economic Policy Institute, will discuss the economic impacts of prevailing wage. A Q&A will follow.
Prevailing wage laws require contractors who work on publicly-funded projects to pay skilled construction workers the region’s standards for hourly wages, benefits, and overtime, as calculated by the U.S. Department of Labor and the Illinois Department of Labor. The purpose of prevailing wage is to level the playing field for all contractors by ensuring that public expenditures reflect local market standards of compensation and craftsmanship.
It's happening on Tuesday, July 30th, 2024, from 11am to noon. Don't miss this opportunity to get up to speed on a complicated but very important set of regulations.
Melissa Binetti, Attorney at the IIIFFC, will discuss the basics of the Illinois Prevailing Wage Act and recent updates. Frank Manzo IV, Economist at the Illinois Economic Policy Institute, will discuss the economic impacts of prevailing wage. A Q&A will follow.
Prevailing wage laws require contractors who work on publicly-funded projects to pay skilled construction workers the region’s standards for hourly wages, benefits, and overtime, as calculated by the U.S. Department of Labor and the Illinois Department of Labor. The purpose of prevailing wage is to level the playing field for all contractors by ensuring that public expenditures reflect local market standards of compensation and craftsmanship.
It's happening on Tuesday, July 30th, 2024, from 11am to noon. Don't miss this opportunity to get up to speed on a complicated but very important set of regulations.
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