Laserfiche WebLink
FACT SHEET - Opportunity For All: Rewarding Hard Work I The White House Pagel of 2 <br />Hnrve • Briefing Room • Stoternwus 6, Releases <br />The White House <br />Office of the Press Secretary <br />For Immediate Release February 12, 2014 <br />FACT SHEET - Opportunity For All: Rewarding Hard Work <br />Raising the Minimum Wage through Executive Order to $1010 for Federal Contmot Workers <br />6 Calling on Congress to Finish the Job for All Workers by Passing the Harkin - Miller Bill <br />Today, continuing to fulfill his promise to make 2014 a year of argon, the President will sign an Executive Order to <br />raise the minimum wage to $10.10 for federel contract workers, <br />The Executive Order the President will sign today will benefit hundreds of thousands of people working under <br />contracts with the federel government who are making less than $10.10 an hour. It will also improve the value mat <br />taxpayers are getting from the federal government's investment. Studies show that boosting low wages will reduce <br />turnover and absenteeism, while also boosting morale and improving me incentives for workers, leading to higher <br />productivity overall. These gains improve me quality and efficiency of services provided to the govemment. <br />In his State of the Union Address, President Chains pledged to both take executive action wherever he can and <br />work with Congress to increase opportunity for all Americans. Consistent with that pledge, the President will <br />continue to work with Congress to finish the job to raise the minimum wage for all Americans and pass the Harkin - <br />Miller bill so that all workers can be paid at least a $10.10 minimum wage. <br />Details of the Executive Order <br />• The Executive Order will raise the minimum wage to $10. 10 effective for new contracts beg inning <br />Januaryl,2015. The higher wage will apply to new contracts and replacements for expiring contracts. <br />Boosting Wages will lower turnover and absenteeism, and increase morale and productivity overall. Raising <br />wages for those at me bottom will improve the quality and efficiency of services provided to the government. <br />• Benefits hundreds of thousands of hardworking Americans. There are hundreds of thousands of people <br />working under contracts with the federal govemment to provide services or construction who are currently <br />making less than $10.10 an hour. Some examples of the hardworking people Who Would see their Wages go <br />up under this Executive Order include nursing assistants providing Gore to our veterans at nursing homes. <br />concessions workers in National Parks, people serving food to our troops, and individuals With disabilities <br />working to maintain the grounds on military bases. <br />Includes an increase in the tipped minimum wage. This executive order also includes provisions to make <br />sure that Upped workers earn at least $10.10 overall, through a combination of tips and an employer <br />contribution. Employers are currently required to pay a minimum base Waage of $2.13 per hour, a base that <br />has remained unchanged for over twenty years, and its workers tips do not add up to the minimum wage, <br />the employer must make up the difference. Under the Executive Order, employers are required to ensure <br />that Upped workers earn at least $10.10 an hour. The Executive Order requires mat employers pay a <br />minimum base wage of $4.90 for new contracts and replacements for expiring contracts put out for bid after <br />January 1, 2015. That amount increases by 95 cents per year until it reaches 70 percent of the regular <br />minimum wage, and if a workers tips do not add up to at least $10.10, the employer will be required to pay <br />the difference. <br />Covers individuals with disabilities. Under current law, workers whose productivity is affected because of <br />their disabilities may be paid less man the wage paid to others doing the same job under certain specialized <br />certificate programs. Under this Executive Omer, all individuals working under service or concessions <br />contracts with the federal government will be covered by the same $10.10 per hour minimum Wage <br />protections. <br />Improves value for the federal govemment and taxpayers. One study showed that when Maryland <br />passed its living wage law for companies co mulling with the gate. mere was an increase in the number of <br />contractors bidding and higher competition can help ensure better quality. The increase will take effect for <br />new contracts and replacements for expiring contracts put out for bid after me effective date of the order, so <br />contractors will have time to prepare and price their bids accordingly. <br />Contin u'no to Work With Congress, State. and Localities to Help All Workers <br />The President is using his executive authorty to lead by example, and Will continue to work with Congress to raise <br />the minimum Wage for all Americans by passing the Harkin - Miller bill. The bill would raise the Federal minimum <br />Get Email Updates _ Contact Us <br />Search White House.gov ticarrh <br />MMne a009f SMRUBLea <br />LATEST BLDG POSTS <br />Marti 06, 2014 6:19 PM EST <br />The First lady Honors International <br />Women of Courage <br />First Lady Michelle Obama joins Deputy Secretary <br />of State Heather Higginbotlom at the Department <br />of State to honor recipients of me International <br />Women of Courage Award. <br />Marti 04. 2014 2 02 PM EST <br />President Obama Announces His 2015 <br />Budget <br />President Obama's 2015 budget provides a <br />- roadmap• for the agenda he laid out in his State of <br />the Union address to restore opportunity for all <br />Amercans. <br />Marty 03, 2014 219 PM EST <br />President Obama to Panicipate in a <br />Towmhall on Latinos and the Affordable <br />Care Act <br />The trawohall with President Chains will provide an <br />opportunity for Latinos across the country to learn <br />more about how to enroll in affordable, quality <br />health Game via the Health Insurance Marketplace. <br />VIEW ALL RELATED SLOG POSTS e <br />Facebaak <br />you'rube <br />Twiner <br />Vimeo <br />Flickr <br />!Tunes <br />Goagle+ <br />Linkedln <br />http: / /www.whitehouse -gov /the- press - office/ 2014 /02/12/ fact - sheet - opportunity - all - rewardin... 3/5/2014 <br />