As ordered by the Biden administration, the Department of Labor’s new minimum wage hike, which requires federal agencies to pay their contractors a $15-per-hour minimum wage, has officially taken effect. The first step to understanding the problem with the wage hike is to answer one vital question: What is a government contractor? In addition to receiving tips from grateful customers, the guides are paid a flat fee per trip, based on the federal minimum wage, plus a fixed wage well above the national rate. The wage hike will impact more than a half-million private firms, including 45,000 recreational outfitters like Arkansas Valley Adventures. No matter how you feel about minimum wage increases, this is a gross abuse of power.

Source: Forbes February 08, 2022 04:24 UTC