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As a revision to Executive Order 13658 , which was established in February 2014, the minimum wage will shift to: ;$13.65 per hour for non-tipped employees performing work on or in connection with covered contracts (up from the current $13.30 rate); and,; ;$9.55 per hour for tipped employees performing such work (up from $9.30).; The changes specifically apply to workers performing work on or in connection with federal contracts subject to the Davis-Bacon Act and the Service Contract Act that were entered into, renewed or extended between Jan. 1, 2015, and Jan. 29, 2022, and have not been renewed or extended (pursuant to an exercised option or otherwise) on or after Jan. 30, 2022.

The sector added an average of 18,000 jobs per month in 2024, below the average increase of 23,000 per month in 2023.

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;Important callouts: High-deductible health plans (HDHPs) can now permanently cover telehealth services before the deductible without violating HSA eligibility. … Direct primary care (DPC) arrangements are now compatible with HSAs, and DPC memberships will be considered a qualified medical expense under HSA guidelines (up to $150 per month per individual or $300 per month per family, indexed for inflation). … Bronze and catastrophic plans on state exchanges can be considered HDHPs for HSA eligibility, broadening HSA usage for participants on those plans.; ;Action items: ;Review plan designs to ensure they align with telehealth safe harbor and broadened HDHP eligibility rules.; ;If continuing or considering DPC arrangements, ensure their structure is compatible with HSA eligibility.; ;Determine if reinstating telehealth services before the deductible will be done retroactively to Jan. 1, 2025, only prospectively or not at all.; ;Communicate changes with employees and required notices.

For the United States, the average cost of a private room in a nursing home is $303 per day, which comes to $110,595 per year.

Package handlers and driver helpers will make $21 per hour, while delivery and tractor-trailer drivers will make $23 per hour during the holiday season, a UPS spokesperson said.

California’s new law mandates that large fast-food chain restaurants (those with 60 or more locations nationwide) must raise their minimum wage for workers in the state from $15 per hour to $20 per hour.

Starbucks employees make an average wage of nearly $17.50 per hour, with baristas earning $15 to $24 an hour and total compensation of roughly $27 per hour including benefits, according to the company.

Even among employees earning $100,000 or more per year, nearly half (47%) are stressed about their finances, the PwC survey found.

According to NPR, Target will be increasing their minimum wage to $24 per hour this year .