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Obama promised to raise the minimum wage to $10.10 for federal contractors and to work with states, local governments, and private groups as well as Congress, to raise the minimum wage nationally, arguing better pay is needed to support the economy as well as the right thing to do. [6] Additional featured proposals included: [7]
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The minimum wage is back in the news lately after President Obama pledged to raise it to $10.10 an hour for federal contractors in his 2014 State of the Union address, and it's become yet another ...
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The Walsh-Healey Act that applies to U.S. government contracts exceeding $15,000 for the manufacturing or furnishing of goods. Walsh-Healey establishes overtime pay for hours worked by contractor employees in excess of 40 hours per week, and sets the minimum wage equal to the prevailing wage as determined by the Secretary of Labor.
The state’s minimum wage rises by 25 cents on Jan. 1, going to $10.70 an hour to account for inflation. The current Ohio minimum wage for tipped employees is $5.25 per hour and $10.45 for ...
Since the start of these protests, a number of states and cities have increased their minimum wage. In 2014, Connecticut for instance passed legislation to raise the minimum wage from $8.70 to $10.10 per hour by 2017, making it one of about six states at the time to aim at or above $10.00 per hour. [162]
In 2006, Ohio voters approved a minimum wage increase tied to inflation. The minimum wage applies to businesses with annual gross receipts of more than $394,000 per year. The minimum wage is $7.25 ...