INDEX OF TERMS:
Full Time Employees:
Are full time, Kentucky resident employees who are subject to Kentucky income tax and are employed by the company at the project for at least 35 hours per week (not including contract employees)
Projected Hourly Average Wage:
Is calculated as: Total Hourly Compensation = Hourly Wage + Employee Benefits
Employee benefits are non-mandated payments by the Company for its full time employees for health insurance, life insurance, dental insurance, vision insurance, defined benefit plans, 401(K) plans or similar plans.
Company should take lowest hourly wage and highest hourly wage to get its average hourly wage.