Effective January 1, 2016, federal contractors must display a new minimum wage poster. The hourly rate increased to $10.15 an hour. Under federal law, contractors must display a minimum wage posting prominently in the workplace. First, the service provides you with the required up-to-date poster. Down the road, if there’s a federal minimum wage increase requiring a new poster, you’ll get a free update automatically.
This mandatory federal minimum wage poster is required for contractors with FLSA-covered workers working under a covered Service Contract Act or Davis-Bacon Act contract. It also covers those with concessions contracts or contracts offering services to federal employees or the public on federal property.