Over the past year, the bar for U.S. federal contractor compliance has been raised considerably. Between the Executive Orders issued by President Obama and the recent uptick in the number and dollar amount of settlements involving Office of Federal Contract Compliance Programs (OFCCP), the risks to contractors who fail to make the leap are greater than ever.
Minimum wage for covered employees
For instance, Executive Order 13658 took effect on January 1, 2015, and established a $10.10 minimum wage for contractors. The directive applies to new contracts issued after January 1, 2015, as well as supplemental agreements to existing contracts … Continue Reading