bsc - cost of repeal

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Common Construction Wage The Real Cost of Repeal Wages make up only 23% of construction costs in Indiana What does this mean? It means repealing common construction wage will NOT generate 10%-20% savings for taxpayers unless workers are paid less than minimum wage Don’t be fooled by politics and D.C. lobbyists – the numbers don’t add up! It’s math and it’s that simple. Over 4,000 Hoosier contractors employing 75,000 local workers agree… Common construction wage is the best deal for taxpayers, keeps jobs local, and drives economic development! What do Hoosier businesses and local officials have to say about the cost of repeal? From a business whose wages make up more than the average… The savings touted in media releases are almost laughable. Taking a $1 million project, 20% savings is $200k while labor costs are $300K. To achieve this savings wages would decline 67%. This savings would require wages to be $6.93 to $9.24 per hour – below minimum wage. – C. Lane Slaughter, President, Glenroy Construction Co. From one of the state’s largest contractors… Common construction wage ensures taxpayer money goes back into the Indiana economy keeping communities strong. – Bill Mott, Corporate VP, Labor Relations, Hunt Construction From a local business association representing 22 contractors… I am proud our employees make a fair and decent wage and in turn pay taxes so this community can continue to strive to be one of the best places in the state to live. Our workers are well trained and produce a quality projects, and repealing the wage law will only weaken the end product, by allowing outside firms to lower the standard of living, and the quality of buildings we construct. – Steven Habben, President, Associated Building Contractors of Lafayette From 28 Republican and Democrat Mayors… The current common construction wage system is working. It emphasizes safety, training, getting the job done right the first time, and it provides fair and livable wages to the men and woman who dedicate themselves to projects that strengthen our communities.

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Page 1: BSC - Cost of Repeal

Common Construction Wage

The Real Cost of Repeal

Wages make up only 23% of

construction costs in Indiana

What does this mean? It means repealing common

construction wage will NOT generate 10%-20% savings for taxpayers unless workers are paid less than minimum

wage

Don’t be fooled by politics and D.C. lobbyists – the numbers don’t add up!

It’s math and it’s that simple. Over 4,000 Hoosier contractors employing

75,000 local workers agree… Common construction wage is the best deal

for taxpayers, keeps jobs local, and drives economic development!

What do Hoosier businesses and

local officials have to say about the

cost of repeal?

From a business whose wages make up more than the average… The savings touted in media releases are almost laughable. Taking a $1 million project, 20% savings is $200k while labor costs are $300K. To achieve this savings wages would decline 67%. This savings would require wages to be $6.93 to $9.24 per hour – below minimum wage. – C. Lane Slaughter, President, Glenroy Construction Co.

From one of the state’s largest contractors… Common construction wage ensures taxpayer money goes back into the Indiana economy keeping communities strong. – Bill Mott, Corporate VP, Labor Relations, Hunt Construction

From a local business association representing 22 contractors… I am proud our employees make a fair and decent wage and in turn pay taxes so this community can continue to strive to be one of the best places in the state to live. Our workers are well trained and produce a quality projects, and repealing the wage law will only weaken the end product, by allowing outside firms to lower the standard of living, and the quality of buildings we construct. – Steven Habben, President, Associated Building Contractors of Lafayette

From 28 Republican and Democrat Mayors… The current common construction wage system is working. It emphasizes safety, training, getting the job done right the first time, and it provides fair and livable wages to the men and woman who dedicate themselves to projects that strengthen our communities.