Archive: wages

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Service Contract Act Compliance in Real Business Government Contractor Environments Webinar Follow-Up: Questions? Aronson Answers

As a follow-up to Aronson’s webinar on Service Contract Act Compliance in Real Business Government Contractor Environments, we provided answers to several attendee questions below. If a Contracting Officer (CO) attaches a Wage Determination (WD) that does not have the current health and welfare (HW) rate of $4.27 (i.e. $4.02), is the contractor required to […]
March 21, 2017

Social Security Wage Base Increase

In a somewhat surprising development after no increase in 2016 to the social security wage base, which is the highest amount of compensation subject to social security taxes in a year, the base is being raised. The rate will increase from $118,500 to $127,200 in 2017. This will result in a $539 tax increase per employee, […]
December 20, 2016
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How Will Minimum Wage Increases Affect Your Restaurant or Hotel Business?

While recent changes to the minimum wage have had a big impact on the restaurant and hotel industries, business owners should be aware that we expect to see another wave of increases over the next couple of years.  Staying ahead of the curve and knowing when these changes are set to occur will greatly reduce […]
September 3, 2015

Service Contract Act and the Impact of New Executive Orders Webinar Follow-Up: Questions? Aronson Answers

As a follow-up to Aronson’s webinar on the Service Contract Act and the Impact of New Executive Orders, we provided answers to several attendee questions below. Where can I learn more about SCA? The Professional Services Council (PSC), in conjunction with the Department of Labor Wage & Hour Division, is holding an extensive, two-day Service […]
October 24, 2014

Test Your Service Contract Act Knowledge

No contractor is naturally compliant with the Service Contract Act (SCA). Successful compliance with SCA involves numerous disciplines within the organization, including human resources, project management, accounting, and pricing. Intentional steps must be taken to ensure full compliance with this complex regulation.  Measure your own knowledge of and compliance with SCA by following the ten […]
March 31, 2014

Advanced SCA Webinar Follow-up: Questions? Aronson Answers

As a follow-up to Aronson’s webinar on Advanced Service Contract Act Compliance and Impacts of ACA, we provided answers to several attendee questions below. If DOL’s conformed wage rate determination is higher than the contractor-proposed wage rate, can I apply for a modification to the contract? If DOL determines the proposed rate for a conformed […]
October 23, 2013

SCA Webinar Follow-Up: Questions? Aronson Answers

As a follow-up to Aronson’s webinar on Service Contract Act Basics and Pricing Implications, we have provided answers to several attendee questions below. What should be done if the job function of my employees doesn’t match a job function in the Wage Determination (WD)? If the job function is for a “service employee” covered by […]
February 22, 2013

Pennsylvania Enacts Job Creation Incentive, but Beware of the Clawback

Pennsylvania has enacted a new job creation law allowing qualified companies to retain 95% of the withholding taxes for the individuals employed in the newly created jobs. The Promoting Employment Across Pennsylvania Act (L. 2012, H2626, effective 10/26/2012), which was signed into law by Governor Tom Corbett on October 26, 2012, offers the 95% retention […]
December 10, 2012

Government Reluctantly Raises Contractor Executive Compensation Ceiling

Although the White House and others in Congress have been trying to devise a method of capping contractor pay, the Office of Federal Procurement Policy (OFPP), per statute, raised the reimbursable compensation limit on the top 5 highest paid executives. Per Federal Register, Vol. 77, No. 78, the compensation limit was raised to $763,029 for […]
April 26, 2012
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  • Aronson