prevailing wage definition
Prevailing Wage is defined as the hourly wage, usual benefits and overtime, paid in the largest city in each county, to the majority of workers, laborers, and mechanics.revailing wage rates are published the first business day in August and in February and take effect 30 days after publication. The publications are necessary to adjust the rates based on rate surveys, changes to the minimum wages, and changes to rates that are based on a union majority.