The White House and the Department of Labor (DOL) released a proposed rule that would raise the minimum wage for employees under federal contracts from $7.25 to $10.10 per hour, a 39% increase.  The proposed rule implements Executive Order 13658, Establishing a Minimum Wage for Contractors, which was signed by President Obama on February 12, 2014.  That order applies to new and renegotiated contracts starting January 1, 2015.
Continue Reading DOL Publishes Rule to Raise Minimum Wage to $10.10 on Federal Contractors