Federal Spending Declines – Competition Increases
Experts say federal spending down 52% in WI: “You’re going to see more competition for less work,” says military procurement expert David King.
How will your company stay competitive? It’s going to be more important than ever to submit lean bids as competition increases. One way to do this is to use the fringe to provide benefits for workers on prevailing wage jobs – especially since Healthcare Reform is here to stay. Penalties for non-compliance take effect January 1, 2014. Your company can comply with the law, avoid fines, and save on payroll costs all at the same time – simply by using the fringe as it was intended.
Something to think about as you start planning for the year ahead. We wish you all a wonderful holiday season!
You can read the entire story in which King was quoted here: http://www.jsonline.com/business/federal-spending-in-state-dips-52-fv7vmma-182924761.html