<H3>• U.S. Federal Contractors and the Minimum Wage — 01 January 2016</H3>

“In what could be construed as an “under the radar” move, in late 2015, the Office of Federal Contract Compliance Programs (OFCCP) quietly changed federal contractors’ contract threshold amounts for coverage under the Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) and Section 503 of the Rehabilitation Act (Section 503)….

“Effective January 1, 2016, the applicable minimum wage rate to be paid to workers performing work on, or in connection, with federal contracts covered by Executive Order (EO) 13658, was increased from $10.10 per hour up to the new rate of $10.15 per hour….”

Please visit this link to read the full report and see additional changes: HR/BLR

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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