$15 minimum wage for federal contractors beginning Jan 30th
According to a final rule announced by the Labor Department on Monday, employees of federal contractors will make a minimum of $15 per hour, providing a wage increase to over 300,000 workers in the country. The wage floor will affect contracts that are executed or extended beginning on January 30, 2022. The current minimum wage for contractors is $10.95 according to a rule enacted by the Obama administration in 2014 and is scheduled to rise to $11.25 on January 1. Paul Light, an expert on the federal workforce at NYU has estimated that five million people work for employers with a federal contract including security guards, food workers, janitors and call center workers. He says that most of them already make more than $15 an hour. The new rule will affect the construction contracts entered into by the federal government.
Martin J Walsh, Labor secretary said in a statement that the rule "improves the economic security of these workers and their families, many of whom are women and people of color." President Biden announced the rule in April when he signed an executive order directing the department to issue it. The announcement came amid a series of pro-labor moves by the administration which included reversing some of the Trump administration's rules softening worker protections and allocating tens of billions to strengthen union pension funds.
Source: The New York Times
Martin J Walsh, Labor secretary said in a statement that the rule "improves the economic security of these workers and their families, many of whom are women and people of color." President Biden announced the rule in April when he signed an executive order directing the department to issue it. The announcement came amid a series of pro-labor moves by the administration which included reversing some of the Trump administration's rules softening worker protections and allocating tens of billions to strengthen union pension funds.
Source: The New York Times
Category
Age
Whistleblowing
Eligibility Verification (I-9)
Workplance Violence
Technology
Discrimination
Sexualy Harassment
Performance Management
Workplace Culture
Workforce Planning
Bonuses & Incentives
Drug & Alcohol Testing
Work Life Integration
Inclusion, Equity & Diversity
Succession Planning
Termination
Family & Medical Leave
Work Visas
Wellness Benefits
Employee Conduct
Hiring & Firing
Employee Relations
Learning & Development
Cybersecurity
Employment Offers
Religion & Spirituality
Raise
Teamwork
Overtime Eligibility &
Severance Pay
Employee Engagement
Sexual Orientation
Recruiting
Policies & Practices
Onboarding
Networking
Electronic Records Management
Employment Testing
Job Descriptions
Flexible Spending Account
Remote & Hybrid Work
Workplace Stories
Campus Placement
Relationship Management
Paid Leave
Health Savings Accounts
Opening & Closing
Employment Branding
Retention
Artificial Intelligence
Tags
Article
I-9 Compliance for Remote Employees - A Guide for Companies
More than 50% of the US workforce is working remotely as of now. According to experts, about 25-30% ...
COVID-19 - 6 Challenges Staffing Firms Are Likely to Face
Most industries have severely suffered in the ongoing pandemic with a few exceptions, like healthca ...
The Interviewer's Guide to Conducting Phone Interviews
The job market in the US is slowly gaining traction after the long period of gloom that took the un ...
25+ Hiring Strategies To Help You Source Talented Candidates
Companies have resorted to digital hiring processes to ensure health, safety, and convenience to jo ...
Comments