2007-04-11 09:52:52 · 2 answers · asked by melvin m 1 in News & Events ➔ Media & Journalism
It means Fringe Benefits:- An incidental benefit awarded for certain types of employment (especially if it is regarded as a right) ...Like health insurance, company stock options, 401K contributions the company makes, or free or reduced price products the company makes.
The Davis-Bacon Act of 1931 is a United States federal law which established the requirement for paying prevailing wages on public works projects.
The Act was modified in 1964 to include fringe benefits in the calculation of prevailing wages.
2007-04-11 10:12:56 · answer #1 · answered by Jerry 7 · 0⤊ 0⤋
on the different fringe of the question, the blacks who have been offering hard artwork at substandard wages have been placing a priority of impoverishment for _all_ "persons of shade" who desire to artwork. The salary floor ensures that the contractor (who's working for his stakeholders and is had to discover ingredients on the backside value) does no longer cheat the laborer. previously you flame me as a lib, i'm conservative; even categorised on YahooAnswers as an extremely-conservative "neo-con". it truly is in simple terms that I comprehend that agencies that use the Adam Smith type will cheat their workers and shoppers interior the call of income. it truly is a living occasion that the Smith type won't artwork and that's on the whole as a results of human greed. think of that!
2016-12-16 03:09:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋