The Business Council: State Business Leaders Join Together To Advocate For Prevailing Wage Reforms
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From The Business Council:
A coalition of the state’s leading business and industry groups today announced their commitment to advocating for reforms to New York’s prevailing wage law. In light of the state’s budget multi-billion dollar deficit and overwhelming infrastructure needs, the coalition is calling on members of the Legislature to reform this outdated and costly mandate.
According to the Empire Center’s seminal report on the topic, “Prevailing Waste: New York’s Costly Public Works Pay Mandate,” prevailing wage increases the costs of construction jobs by as much as 25 percent.
The report detailed prevailing wage cost increases by area:
- Albany-Schenectady-Troy area: 13 percent
- Rochester and Syracuse Metro areas: 14 percent
- Dutchess-Putnam County area: 15 percent
- Long Island and Buffalo Metro area: 20 percent
- New York City Region: 25 percent
“Once again we find New York State government as an outlier when compared to other states. Not only have 23 states taken the responsible step of repealing their prevailing wage program, but 26 of the remaining states follow the federal standard of needing to represent 50 percent of the workforce in order to negotiate prevailing wages,” said Brian Sampson, President of Associated Builders and Contractors, Empire State Chapter. “Only New York has taken action to lower the standard to 30 percent. It’s time New York gets back in line with the rest of the country and follow the federal standard. That will allow us to more quickly rebuild our infrastructure and protect our citizens.”
Read the entire article: The Business Council
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