Minimum Wage For Federal Contractors 2024. This order promotes economy and efficiency in federal procurement by increasing the hourly minimum wage paid by the parties that contract with the federal. Federal contractors should note that the wage rate adjustments are based on the.
Minimum wage for federal contractors just rose to $17.20 an hour, higher than any state. March 28, 2024 4:19 pm.
Download, Graph, And Track Economic Data.
Effective january 1, 2024, the minimum wage rate has increased again to $17.20 per hour.
In 2024, The Minimum Wage For Federal Contractors Will Increase From $12.15 Per Hour To $12.90 Per Hour For Employers That Must Abide By E.o.
President biden on tuesday signed an executive order to increase the minimum wage to $15 an hour for federal contractors starting in 2022.
Effective January 1, 2024, The Minimum Wage For Workers Who Perform Work On Or In Connection With Federal Contracts Will Increase From $16.20 Per Hour To $17.20.
Images References :
This Order Promotes Economy And Efficiency In Federal Procurement By Increasing The Hourly Minimum Wage Paid By The Parties That Contract With The Federal.
The minimum wage for federal contracts will range from $12.90 to $17.20.
Release Table For 2024, Release Tables:
Effective january 1, 2024, the minimum wage for workers who perform work on or in connection with federal contracts will increase from $16.20 per hour to $17.20.
This Subpart Prescribes Policies And Procedures To Implement Executive Order (E.o.) 14026, Increasing The Minimum Wage For Federal Contractors, Which.