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U.S. Department of Labor’s Wage and Hour Division Announces Final Rule to Implement Executive Order 14026

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Hey Compliance Warriors!

 

On November 22, 2021, the U.S. Department of Labor’s Wage and Hour Division announced a final rule that increases the hourly minimum wage for certain federal contractors to $15 effective January 30, 2022.

 

Executive Order 14026 implements new requirements, including:

  • Increasing the hourly minimum wage for certain federal contractors to $15 beginning January 30, 2022.
  • Continues to index the minimum wage to an inflation measure in future years.
  • Eliminates the tipped minimum wage for federal contractors by 2024.
  • Ensures a $15 minimum wage for workers with disabilities performing work on or in connection with covered contracts.
  • Restores minimum wage protections to outfitters and guides operating on federal lands.

 

Learn More

 

The final rule becomes effective on January 30, 2022. 

 

Please visit www.dol.gov/agencies/whd/government-contracts/eo14026 for full details on Executive Order 14026.

 

This rule increases federal contracting economy and efficiency by boosting worker productivity, reducing turnover and absenteeism, and decreasing training/supervisory costs. Increased earnings growth resulting from EO 14026 will help address income inequality and create more income security for federal contract workers, their families and their communities.

 

Be Audit-Secure™

 

 

Lisa Smith, SPHR, SHRM – SCP

Certified EEO Investigator (EEOC)

Lead Support and Content Chief – HelpDeskforHR.com

“You cannot be audit-proof, but you can Be Audit-Secure.”

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