DOL takes action on two minimum wage issues — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

DOL takes action on two minimum wage issues

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in Office Management,Payroll Management

The Department of Labor (DOL) is closing out the year with a bang. It’s issued final regulations increasing the minimum wage to $10.10 an hour for employees who work on new or renewed federal contracts and has postponed enforcement action on its final regulations governing home care ­workers.

Increases to the minimum wage for federal contract workers. Beginning Jan. 1, 2015, the minimum wage for nonexempts who work on or in connection with new federal contracts or replacements for expiring contracts (including employees with disabilities who work under special certificates) increases to at least $10.10 an hour. Tipped employees must be paid at least $4.90 an hour.

Beginning in 2016, the minimum wage will be adjusted for inflation.

Note: Higher minimum wages required under state or local laws continue to apply.

A DISTINCTION WITH A DIFFERENCE: Employees who work directly on federal contracts are covered (e.g., employees entit...(register to read more)

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