Are you ready for a higher minimum wage?


Excerpt from an article about minimum wage …

As promised in his State of the Union address, President Obama signed an Executive Order to raise the minimum wage for federal contract workers to $10.10 per hour by January 1, 2015. The increase from the current minimum wage rate of $7.25 per hour represents a 39 percent raise for employees of covered government contractors performing work on covered contracts.

Future adjustments for the minimum wage will annually be indexed to reflect changes in the Consumer Price Index (CPI), starting on January 1, 2016.

The rest of the article …

 

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22 responses to “Are you ready for a higher minimum wage?

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