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they get paid the last day they work.. the day you lay them off you pay them for 8 hours but they leave at 7 hours, so they can go cash there check.. they get overtime after 8 hours as well...
depending how long the job is you may have to post a bond for the fringe benefits as well..
they'll probably make you take a shop steward and he is the "last man on the job" so hes gonna be there the whole time anyone from you company works.
now if its a total union job, your going to need operators for all your equipment and depending on the size of the project you could need a teamsters agreement as well....
good luck.
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