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Government contractors, your minimum wage is higher than the nation’s minimum wage

The current federal minimum wage is $7.25 an hour. But beginning on January 1, 2015, government contractors will have to begin paying a minimum wage of $10.10 an hour. This comes as a result of President Barack Obama’s signing Executive Order 13658.

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Employers, beware misclassification of workers

Beginning in approximately 2009, the U.S. Labor Department (DOL) began a crackdown on misclassification of workers. In 2011, the Internal Revenue Service (IRS) joined the effort. Under an agreement between the two departments, the DOL will provide information to the IRS for investigation of potential misclassification.

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