Don’t believe the lies!
Corporate interests who oppose prevailing wages claim they increase the overall cost of construction. WRONG!
- Numerous studies of REAL projects (not some fanciful hypotheticals) prove that prevailing wage projects do NOT lead to higher costs.
- These fair wage deniers wrongly claim that prevailing wage projects cost 20-30% more than non-prevailing wage projects. Consider this: even including benefits and payroll taxes, labor costs are roughly 20-30% of construction contracts. So, if what they were saying was true (and lowering labor costs were the only remedy), workers would be paid NOTHING for their labor!
- Let’s face it: employers who oppose prevailing wage do so because they want to cut workers’ paychecks and pocket the pay-cuts as profits.