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Mar

14

2022

Is Your Business Keeping Pace with Changing Federal Contractor Poster Requirements?

As a conscientious employer, you’re already aware of the federal, state and local labor law postings you must display to maintain compliance. But if your company does business with the federal government, did you know you’re responsible for federal contractor poster requirements that go beyond these core postings?

Get clarity on this additional layer of posting compliance, including the recently updated poster due to Executive Order 14026 increasing the minimum wage.

Determining if You’re a Federal Contractor

First things first: Is your business considered a federal contractor? The answer is most likely “yes” if your company:

  • Provides goods or services directly to the federal government
  • Is a ‘first tier’ or ‘second tier’ vendor to a federal contractor (for example, you supply parts or develop technology used to fulfill the federal contract)
  • Is a financial institution that carries federal deposit insurance
  • Works on federally financed construction projects

Your specific posting obligations will depend on the types of contracts you have and with what government agencies (as well as the dollar amount of the contracts, in some cases). There are typically 11 mandatory postings for federal contractors:

  • Minimum Wage for Federal Contractors
  • EEO is the Law for Federal Contractors
  • Pay Transparency
  • Paid Sick Leave for Federal Contractors
  • National Labor Relations Act
  • Walsh-Healey Public Service Contracts
  • DOD Hotline
  • DHS Hotline
  • Notice to Workers with Disabilities
  • Bilingual Right to Work
  • Bilingual E-Verify

Plus, these two additional postings for construction industry contractors:

  • Davis-Bacon Act
  • DOT Federal Highway Construction

If you do business with the federal government, enrolling in an annual posting service
can protect you from steep fines and penalties, including suspension or cancellation of your federal contracts.

Recognizing Legislative Changes Affecting Federal Contractor Postings

It’s important to note that federal contractor posters can change any time by Executive Order — and failing to display up-to-date postings can result in suspension or cancellation of your contract. In fact, federal contractor posters tend to change more frequently than core federal, state and local postings, so you must be especially diligent.

For example, the Executive Order 14026 signed by President Biden in April 2021 – and mandated by the U.S. Department of Labor (DOL) – raises the minimum wage for federal contract workers to $15/hour. The highlights of this wage change, effective January 30, 2022, are reflected in the new Minimum Wage for Federal Contractors poster.

Ensure Compliance with a Complete, Industry-Specific Posting Service

If you’re a federal contractor – and are concerned about gaps in your posting coverage – rest assured an expert solution is available. Poster Guard® Compliance Protection for Federal Contractors is a 100% guaranteed service that provides all required postings for federal contractors, along with 12 months of legal monitoring and automatic poster replacements every time a mandatory change occurs, including any newly issued postings. It’s the easiest, most cost-effective way to comply with current federal contractor posting regulations and protect your business from potential fines.

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