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Facebook Boosts Minimum Wage, Benefits for Contract Workers

Bloomberg (05/13/15) Meenal Vamburkar

California-based Facebook Inc. is boosting pay to a minimum of $15 an hour and increasing benefits for contract workers and vendor employees. They will be granted a minimum of 15 paid days off for holidays, sick time, and vacation. California’s minimum wage will increase by $1 an hour to $10 in January.

U.S. staffing firms place 14 million contractors a year, according to the American Staffing Association. Approximately 1.8 million are employed in the information-technology, scientific, and engineering fields.