On Monday, September 7, 2015, President Obama issued an Executive Order establishing paid sick leave for federal contractors. The order is intended to be effective for contracts entered into after January 1, 2017. The Secretary of Labor is directed to issue regulations regarding the order by September 30, 2016.
The order provides for the accrual of 1 hour of paid sick leave for every 30 hours worked, up to a minimum accrual of 56 hours or 7 days.
Read the rest of this informative white paper
Access articles and tools to help your business generate cash, improve leverage, and align & transform as you recover from the pandemic.
Access all COVID-19 related articles to help your business respond to the pandemic.