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ANNUAL PREVAILING WAGE RATE DETERMINATION FOR ALL STATE HIGHWAY PROJECTS IOWA COUNTY Compiled by the State of Wisconsin Department of Workforce Development for the Department of Transportation Pursuant
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How to fill out annual prevailing wage rate

01
To fill out the annual prevailing wage rate, follow these steps:
02
Determine the applicable prevailing wage determination (PWD) for the specific job position.
03
Obtain the necessary PWD documentation, usually available online or from the Department of Labor.
04
Read and understand the wage determination to identify the wage levels, job classifications, and occupation codes.
05
Collect the required data for each job position, such as the number of employees, hours worked, and wages paid.
06
Calculate the total annual wages for each job position by multiplying the hourly wage rate by the number of hours worked per year.
07
Verify that the calculated wage rates comply with the minimum prevailing wage levels specified in the PWD.
08
Prepare a report or document summarizing the annual prevailing wage rates for each job position.
09
Keep a record of the completed annual prevailing wage rate documentation for future reference or audits.

Who needs annual prevailing wage rate?

01
Various entities and individuals may require the annual prevailing wage rate, including:
02
- Employers: Employers with employees working on projects subject to prevailing wage laws need this information to ensure compliance and accurately compensate their workers.
03
- Contractors and subcontractors: These entities use the prevailing wage rate to estimate labor costs, submit bids, and determine fair wages for workers on public works projects.
04
- Government agencies: Federal, state, and local government agencies may require the annual prevailing wage rate for project oversight, enforcement, and fair labor practices.
05
- Labor unions: Unions representing workers in specific industries or trades may refer to the prevailing wage rate to negotiate fair wages and ensure members' earning potential.
06
- Researchers and analysts: Individuals conducting research or analyzing labor market trends rely on prevailing wage data to understand wage disparities, employment patterns, and economic conditions.
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The annual prevailing wage rate is the average wage paid to workers in a specific occupation in a particular geographic area.
Employers who hire foreign workers on H-1B visas are required to file the annual prevailing wage rate.
Employers can fill out the annual prevailing wage rate by providing information about the job position, qualifications required, and prevailing wage for that occupation.
The purpose of the annual prevailing wage rate is to ensure that foreign workers are paid a fair wage that does not adversely affect the wages of U.S. workers.
Employers must report the job title, duties, requirements, prevailing wage, and geographic area for the position on the annual prevailing wage rate.
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