April 18 2014 Copyright (c) 2014 Business Research Services Inc. 301-229-5561 All rights reserved.

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    • Closing the pay gap

          President Obama signed an order that aims to reduce inequality in pay. It says the Labor Department must propose a rule within 120 days to guide how federal contractors and subcontractors submit summary wage data.

          The order appears to apply to all contracts over $10,000, even contracts for commercial items, according to Venable LLP (http://goo.gl/znwnXs).

          New record-keeping requirements are to be avoided if feasible.


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