MAXIMIZING FRINGE BENEFITS
While seemingly simple and straight-forward, many service contractors do not fully understand the inherent complexities of federal contracting and dealing with Service Contract Act (SCA) work.
We’ve partnered with AXIM Fringe Solutions Group to help you better leverage and administer your fringe benefit dollars while meeting SCA & ACA compliance regulations.
Simplifying Compliance for SCA Contractors – EPIX Solutions & AXIM
PROPERLY DETERMINE SCA APPLICABILITY
Does SCA apply? We’ll help you determine SCA applicability and if your contract contains the SCA clause and one or more incorporated wage determinations
WAGE DETERMINATION ASSISTANCE
The only wage determination to follow is the one incorporated into the contract by the contracting office. Complying with a wage determination that is not a formal part of the contract may be hurting the profitability of your SCA contract. We assist by helping SCA contractors avoid using wrong wage determinations.
IDENTIFYING WHO IS COVERED BY THE SCA
Often, companies incorrectly assume that part-time and temporary employees and independent contractors are either exempt or someone else’s responsibility. SCA compliance is the responsibility of the prime contractor and we assist with SCA coverage determination.
SCA LABOR CATEGORY CLASSIFICATION MAPPING
In addition to employee coverage, it is equally important to determine the proper labor category classification as the associated wage requirements vary. We assist with this challenging critical task.
DISTINGUISHING WAGES vs. HEALTH & WELFARE
Under the SCA, if a contractor pays an employee $1.50/hour more than the required wages, but $0.25 less than the required health and welfare, the contract is non-compliant. Contractors must show that the wages and health and welfare requirements are separately fulfilled. We assist and ensure these requirements are fulfilled.
PROPERLY IDENTIFYING A "FRINGE BENEFIT" UNDER THE SCA
These fringe benefits are a legally enforceable obligation that must be communicated in writing to employees. The fringe benefits provide benefits not required by law under a defined formula and must be paid via an independent party or administrator to fund a plan.
Learn How to Maximize your Fringe Benefits Dollars
- Compliance reporting is becoming a increasing concern for contractors
- Cash Fringes / “Cash-in-lieu” of benefits puts contractors at a competitive disadvantage
- The growning skills gap and how to attract and retain skilled workers
- Fringe Benefit Solutions
60 Second SCA Fringe Benefits / Compliance Videos