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? SCA wage determinations set forth the prevailing wages and fringe benefits that. prime contractors and subcontractors must pay service employees working on covered contracts in specified geographic areas. SCA wage determinations are issued by the WHD Branch of Service Contract Wage Determinations.

The Market Wage Rate. In a competitive labor market, the equilibrium wage and employment level are determined where the market demand for labor equals the market supply of labor. Like all equilibrium prices, the market wage rate is determined through the interaction of supply and demand in the labor market.

The Service Contract Act, also referred to as the McNamara-O'Hara Service Contract Act (SCA), is a federal statute which controls the aspect of service contracts entered into between individuals or companies and the federal government, including the District of Columbia, for the contractors to engage ?service employees ...

Answer: A "wage determination" is the listing of wage rates and fringe benefit rates for each classification of laborers and mechanics which the Administrator of the Wage and Hour Division of the U.S. Department of Labor has determined to be prevailing in a given area for a particular type of construction (e.g., ...

You can find your current H1B Wage Level by looking at your H1B Labor Condition Application(LCA). It has all the information related to your H1B position. You can ask your employer to share a copy of the H1B LCA. In fact, they are supposed to share you a copy of your LCA.

The three approaches are: traditional theory of wages. theory of negotiated wages. signaling theory.

Wage Determinations are issued for four types of construction categories: building, residential, highway, and heavy.