In February of 2014, President Obama signed Executive Order 13658, "Establishing a Minimum Wage for Contractors," to raise the minimum wage to $10.10 as of January 1, 2015 for all workers on Federal construction and service contracts. The minimum wage paid by Federal Contractors has been raised in each subsequent year since, standing at $10.15 as Continue Reading...
EO 13658 Final Ruling Establishes New Minimum Wage for Federal Contractors
The final ruling for Executive Order (EO) 13658 was announced on October 1, 2014, and published in the Federal Register on October 7, 2014. Back in June, Secretary Perez proposed a regulation to raise the federal minimum wage to $10.10 an hour for federal contractors. The proposed ruling left many with unanswered questions. However, the final Continue Reading...
DOL Proposed Rule Increases Minimum Wage for Federal Contractors
Implementation of Executive Order 13658: With the signing of Executive Order 13658 on February 12, 2014, President Obama solidified his efforts to increase the United States’ economy and provide more opportunity for Americans. US Secretary of Labor Thomas E. Perez stated, “Raising the minimum wage for workers on federal contracts will provide a Continue Reading...