At JTK Fringe Benefit Solutions we help contractors attract top talent, reduce labor burden, enhance employee retention, and stay compliant – all while bidding more competitively. Let us show you how.

Discover how optimizing your benefits can transform your business.

PREVAILING WAGE CONSISTS OF TWO COMPONENTS

1. BASE HOURLY WAGE – Standard wage paid to workers for their specific job classification in a given geographic area.

2. FRINGE BENEFIT – Additional compensation that must be paid to workers in any combination of cash wages or bona fide benefits*.

INCREASE PROFIT WITH PAYROLL BURDEN SAVINGS

Utilizing fringe dollars to pay for employee benefits will REDUCE payroll burden by 25% on average .

WHAT IS PAYROLL BURDEN?

WORKERS COMP   FICA   FUTA    SUTA   GENERAL LIABILITY

Every dollar that runs through payroll is subject to payroll burden. Utilizing fringe dollars as intended by offering Employer sponsored benefits will unlock the SAVINGS you deserve.

*Bona fide benefits plan is a written plan, fund or program into which an employer pays irrevocable contributions to a trustee or third party for the express benefit of the Employee.