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9795.1 Commenter opines that an interpreter that has 15 or more years of experience interpreting for workers\' compensation participants, both in medical offices and at the Division of Worker\'s Compensation
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Start by researching the current market rates for the product or service you are offering.
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Challenging market rate is typically used to contest and analyze the prevailing rates in a market, especially regarding wage determinations in government contracts.
Employers or contractors who believe that the existing market rate does not reflect the true value of the labor they provide may be required to file a challenging market rate.
Filling out a challenging market rate involves completing the official forms provided by the relevant authority, including detailed information about wage rates, job classifications, and market data to support the challenge.
The purpose is to ensure that wage determinations reflect the actual market conditions and to advocate for fair compensation for workers based on current economic realities.
Information required includes current wage rates, job descriptions, geographical location, labor market data, and any relevant contracts or agreements.
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