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Barbara Weltman

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Minimum Wage for Employees of Federal Contractors

January 30, 2022 / By Barbara Weltman

Today, the minimum wage that federal contractors must pay to employees is $15 per hour for covered employees (up from the current $10.95). This rate applies to new contracts, as well as renewals and extension in place as of today.  #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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