In a move that promises to shape the labor landscape in the near future, Michigan’s reaffirmed Prevailing Wage Law, reintroduced and signed into law by Governor Whitmer on March 24, 2023, is set to come into effect in March of 2024. The law, dubbed the “Act”, establishes a required wage for work on state-funded construction projects.
The Act is a reinstitution of a previous law enforced in Michigan as far back as 1965 until its repeal in 2018. The reinstatement of this law presents a crucial moment for both corporations and individuals in the legal sector involved in labor and employment law.
The precise implications of this move on corporations and law firms in Michigan will take time to evaluate. However, the Prevailing Wage Law certainly carries significant implications for the areas of labor and employment law. With this, corporations need to adapt quickly and strategically, keeping in view the obligations presented by the Act. Law firms, on the other hand, must swiftly gain a deep understanding of these changes to effectively counsel their clients.
This milestone in Michigan labor law has resulted from extensive discussions and negotiations among diverse stakeholders, ultimately serving as an example of the complex dynamics of legislation in the modern era.
For in-depth information about the Prevailing Wage Law and its implications, you can read the article by Kerr Russell on JDSupra.