Reading: (CU3 M1) Prevailing Wage Laws
Read The Saylor Foundation's article. Prevailing wage laws require that certain government contracts can only be entered into if employees are paid a predetermined “prevailing wage” in the local area affected by the contract. Ask yourself what the potential benefits and drawbacks are to such a requirement.
Please read The Saylor Foundation’s “Prevailing Wage Laws” (Links to an external site.)Links to an external site. (PDF)