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WEBINAR: Prevailing Wage Payroll and Fringe Benefits—Using Purpose-built Systems to Enhance Efficiency
August 5, 2020 @ 3:00 pm - 4:00 pm
Date: Wednesday, August 5, 2020
Time: 3 p.m. EDT
Length: 60 minutes
Speakers: Tom Greco, Foundation Software; Nathaniel Peniston, The Contractors Plan
Moderator: Matt Abeles, ABC National
Join us as we review ways that leading merit shop government contractors are utilizing technology to save time on payroll and the administration of employee fringe benefit programs. Many employers are still using antiquated systems that are neither designed for the construction industry nor integrated, forcing staff to manually “re-key” data into multiple systems and interfaces. Learn about how software that has been “purpose-built” for prevailing wage construction eases a variety of administrative challenges, specifically helping with prevailing wage calculations, ensuring accuracy of certified payroll reports and unifying fringe benefit contributions and administration. If your firm isn’t leveraging software and processes designed to meet multiple jurisdictional requirements (e.g. multiple county prevailing wage rates), you are less likely to bid competitively, stay compliant and be profitable on government funded projects.
Nathaniel Peniston, Vice President, The Contractors Plan
Nat Peniston works with external partners such as ABC to identify areas of collaboration and drive customer success. An expert in the administration and compliance challenges of hourly employees with prevailing wage and fringe benefit obligations, Peniston has published a number of articles, including “Why ‘Prevailing Wages’ Exist and How to Take Advantage of Them,” and “The Prevailing Wage Debate: Benefit Plans or Cash Payouts?”
Tom Greco, Regional Sales Manager, Foundation Software
Having spent 15 years in the industry, Tom Greco is extremely well-versed in construction. During his 13 years with Foundation Software, he has held multiple roles and been involved in over 350 Foundation implementations. He is excited to share his knowledge and passion for construction with you.