The Department of Labor has announced virtual listening sessions to get stakeholder input on overtime regulations - those sessions are scheduled for May and June 2022.
Tag Archive: minimum wage
On April 27, President Joe Biden issued an executive order requiring federal contractors to pay a $15 minimum wage to workers who are working on federal contracts.
Problem: Small businesses, ravaged by the COVID-19 pandemic, are struggling to keep their doors open and keep employees on payroll....
President Joe Biden has issued more than two dozen Executive Orders, a handful of which could have a direct impact on small business.
Last week, President Joe Biden outlined a proposal to tackle the key issues facing the U.S., a legislative package dubbed the “American Rescue Plan" which includes various proposals related to small business.
On Jan. 16, House and Senate Democrats introduced the Raise the Wage Act of 2019 which would gradually raise the minimum wage to $15 by 2024.
When Congress returns to Washington, D.C. next week, there are several must-pass pieces of legislation awaiting them, including appropriations bills, reauthorization of Ex-Im Bank, tax extenders, the internet tax moratorium, and much more.
The Senate is set to hold a test vote this week on a bill to increase the minimum wage from $7.25 to $10.10, indexed for inflation, which includes language to extend increased Sec. 179 expensing through 2016.
In his State of the Union Address last night, President Barack Obama announced plans to sign an Executive Order increasing the minimum wage from $7.25 to $10.10 per hour for federal contract workers.
As the Senate promises to soon take up legislation increasing the federal minimum wage, many states have already agreed to hikes in required wages—with potential action for more in 2014.