Yesterday, President Obama signed a much needed order to increase the nation's minimum wage.
Starting in 2015, businesses will have to pay their workers a minimum wage of $10.10 per hour. This wage increase will apply to new or renewed federal contracts and subcontracts that provide the federal government with concessions, services and construction. This includes concession workers, nursing assistants caring for veterans, people who work for military bases such as food service personnel and ground keepers.
The President's order will also apply to disabled workers employed by federal contractors. Under specific certificate programs, these citizens can be paid less than the federal minimum wage. Employees who work for tips and employed by business with federal contracts will also benefit. Currently, they are paid a minimum wage of $2.14 an hour.
For more information, read full article at
http://money.cnn.com/2014/02/12/news/economy/obama-executive-order-minimum-wage/index.html?hpt=po_c2
Starting in 2015, businesses will have to pay their workers a minimum wage of $10.10 per hour. This wage increase will apply to new or renewed federal contracts and subcontracts that provide the federal government with concessions, services and construction. This includes concession workers, nursing assistants caring for veterans, people who work for military bases such as food service personnel and ground keepers.
The President's order will also apply to disabled workers employed by federal contractors. Under specific certificate programs, these citizens can be paid less than the federal minimum wage. Employees who work for tips and employed by business with federal contracts will also benefit. Currently, they are paid a minimum wage of $2.14 an hour.
For more information, read full article at
http://money.cnn.com/2014/02/12/news/economy/obama-executive-order-minimum-wage/index.html?hpt=po_c2
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