Attention all federal contractors! The minimum wage rate for your employees will be increasing Jan. 1, 2018.
Each year, the Secretary of Labor reviews and determines what the applicable minimum wage rate for federal contractors will be. The new rate for 2018 will be $10.35 per hour, a $0.15 raise from $10.20, the 2017 rate . In addition, the tipped minimum wage rate will increase to $7.25 per hour (from $6.80).
Federal contractors are required to communicate this wage change to their contracted employees.
As you may know, GovDocs provides this posting in English. Although the change has been announced, the corresponding posting has not been released. Therefore, GovDocs will not ship or sell updated posters until we get closer to the Jan.1, 2018, effective date.
In addition, the interim will allow for any additional potential posting changes from the Department of Labor prior to release.