Glossary

Prevailing wage

Prevailing wages are established by the Department of Labor for each trade working on public projects. This includes the hourly wage, benefits and overtime paid in the largest city in each county to the majority of workers, laborers, and mechanics. To stay compliant, workers must get paid weekly on these government-funded projects.

Back to the glossary

Ready to see more?

“Now I’m paying my workers for when they actually worked. We save $50,000 a year, maybe more.”

- Mike Cooper,
Cooper Drywall, Knoxville, TN

Calculate your savings today!

Ready to start seeing your savings?

Calculate now