DOL Increases Hourly Minimum Wage to $17.20 for Federal Contractors Starting January 1, 2024

PiieroMazza – Beginning on January 1, 2024, Executive Order 14026 will raise the minimum wage for workers performing work on or in connection with covered contracts from $16.20 to $17.20 per hour, a second year of a significant adjustment to the minimum wage for service and construction workers doing work on federal projects.
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