Prevailing Wage Calculator
Labor cost with Davis-Bacon or state prevailing wage rates.
Inputs
%
%
Results
Prevailing Wage Rate ($/hr)
$53
Total Cost / Worker ($)
$9,600
Straight-Time Earnings ($)$5,600
Overtime Premium ($)$0
Total Fringes ($)$2,880
Payroll Taxes ($)$672
Workers' Comp ($)$448
Total Labor Cost ($)$9,600
Effective Hourly Rate ($)$60
Fringe as % of Base51.4%
How to Use This Calculator
- Enter the base hourly wage and fringe benefit rate (health, pension, vacation, training) from the applicable wage determination.
- Enter the straight-time hours and any overtime hours for the period — overtime is paid at 1.5x base wage.
- Set the payroll tax percentage (FICA + FUTA + SUTA, typically 10–15%) and workers' compensation rate.
- Enter the number of workers at this trade classification.
- Read the prevailing wage rate per hour, total burdened cost per worker, total labor cost for all workers, and the effective fully loaded hourly rate.
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