Setting up the burden calculator…
A Davis-Bacon determination gives you two numbers per classification: a basic hourly rate and an hourly fringe. What the hour actually costs you depends on how you discharge the fringe. Put your numbers in; nothing is saved and nothing is gated.
Don’t know the rate? Look it up free on the rate pages. On the paid plan, the generator pulls the exact rate and fringe from the current wage determination automatically, so you never type them.
Your figures, not ours. These vary by employer, state, and year. We don’t assume them for you.
Paying this fringe in cash instead of to approved plans costs an extra $65.49 per worker per week in payroll tax, $392.94 across this crew. Both satisfy the determination.
$128.00 a week is $554.67 a month of your own time. PrevailWage is $79.00 — $475.67 less than doing it by hand.
See what’s includedThe obligation is base + fringe per hour, however you pay it. Send the fringe to bona fide plans, funds, or programs and the worker’s cash rate is the basic rate. Pay it in cash instead and it becomes part of the cash wage.
That choice moves your payroll taxes. Contributions to bona fide plans are not cash wages, so employer payroll taxes do not ride on them. Fringe paid in cash is wages, and is taxed. Compliance is identical either way; the employer cost is not.
Overtime multiplies the basic rate only. The WH-347 instructions are explicit: the overtime rate is the basic predetermined rate, plus the half-time premium on the basic rate, plus any required cash in lieu of fringe benefits at the straight time rate. Multiplying the fringe by 1.5 overpays it.
The tax and insurance percentages above are yours to enter. We do not assume a rate for you. They vary by employer, state, and year, and the whole point of this site is that you can check every number against its source.
This calculator is an estimating aid, not tax, legal, or accounting advice. The wage determination incorporated into your contract is the operative rate source. Look yours up on the rate pages.