The Supplemental Unemployment Benefit Plan
The purpose of a Supplemental Unemployment Benefit Plan is to remove money from payroll and make it available to the employee whenever he or she is eligible to receive it. It functions just like cash compensation from an employee standpoint.
This SUB plan will eliminate employee objections to taking the fringe monies off payroll and will give the employer relief from payroll burden expenses.
The SUB Plan meets the DOL fringe benefit requirements for all McNamara-O'Hara (SCA) and
Davis-Bacon Act Contracts. Let us help you win more contracts!
Successful bidders on government contracts know they must operate on the smallest of margins. One way of doing so is by lowering payroll costs.Our SUB Plan helps employers solve this problem, while providing valuable benefits to your employees.