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The SUB Plan or Supplemental Unemployment Benefits Plan, allows for cash prevailing wage fringe |
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benefits to be paid from a third party administrator to enrolled employees. |
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The SUB Plan or Supplemental Unemployment Benefits Plan is a great addition to any Prevailing Wage |
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Portfolio. |
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The SUB Plan or Supplemental Unemployment Benefits Plan when included in a well balanced prevailing |
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wage product portfolio such as Health, Life and Pension, this product offers an attractive “money now” |
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benefit when most employers don’t. |
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The SUB Plan or Supplemental Unemployment Benefits Plan works in getting cash dollars to employees |
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now rather then later. |
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The SUB Plan or Supplemental Unemployment Benefit Plan from a net cost perspective provides a |
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substantial advantage to the employer and employee when including the SUB Plan as part of the |
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employer’s Prevailing Wage Portfolio. |
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The SUB Plan or Supplemental Unemployment Benefits Plan is an unemployment benefit, thus statutory |
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tax payments are not required for either employer or employee. |
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The SUB Plan or Supplemental Unemployment Benefit provides employee satisfaction and employee |
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retention. |
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The SUB Plan or Supplemental Unemployment Benefit also provides for more competitive bidding, more |
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jobs and money when the employee is short hours. |
