Complying with its legal mandate of announcing minimum wage increases for businesses operating on federal contracts at least 180 days before they take effect, the Department of Labor (DOL) has set 2017 minimum wages at $10.20 an hour, up from $10.15, and at $6.80 an hour for tipped employees, up from $5.85. The rates take effect at the start of 2017.
Executive Order 13658 of 2016 mandates that rates be reviewed and reset, if deemed necessary, to take effect each Jan. 1.