Prevailing Wage Calculator

Labor cost with Davis-Bacon or state prevailing wage rates.

Base Hourly Wage ($)

Fringe Benefits ($/hr)

Straight-Time Hours

Overtime Hours

Payroll Tax (%)

Workers' Comp (%)

Number of Workers

Tab to move between fields

Prevailing Wage Rate ($/hr)

$53.00

Total Cost / Worker ($)

$9,600.00

Straight-Time Earnings ($)$5,600.00

Overtime Premium ($)$0.00

Total Fringes ($)$2,880.00

Payroll Taxes ($)$672.00

Workers' Comp ($)$448.00

Total Labor Cost ($)$9,600.00

Effective Hourly Rate ($)$60.00

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.

Ad Placeholder

Related Calculators

Payment and performance bond premium from contract value.

Appropriate contingency percentage from project risk assessment.

Daily, weekly, and monthly equipment cost comparison.

Work hours per unit from crew composition and conditions.

Ad Placeholder