WageIQ Reviews & Product Details

WageIQ is a next-generation payroll compliance platform designed specifically for the construction industry. Purpose-built to handle complex prevailing wage and union wage and fringe calculations, WageIQ eliminates complexity and helps reduce compliance risk—before payroll even runs. Rate Management: Centralize all rate types in one system: prevailing wage rates by authority and classification, union CBA rates by local and trade, employee base rates, and project-specific premiums. Rate Methodologies: Configure compliance requirements to enforce them automatically. Set up authority-specific rules for prevailing wage and define union CBA provisions incl. shift differentials, premium pay, and reciprocity. Rate Calculations: Automate complex fringe, benefit, and deduction formulas. Handle calculations based on hours worked, hours paid, percent of gross wages, or flat amounts per period.