Minimum Wage Standard for the City of Philadelphia Office of the Director of Finance

Philadelphia's Office of the Director of Finance has established a Minimum Wage Standard that applies to businesses engaging with the city and those receiving financial aid. This regulation is designed to ensure that all workers in Philadelphia receive fair wages, reflecting the city's commitment to economic equity. Organizations must adhere to the standard to maintain eligibility for city contracts and funding. Non-compliance may result in financial penalties or loss of city support. The initiative is part of a larger strategy to uplift the local economy and support low-income workers.

Stakeholders should take proactive measures to understand and implement the requirements. The city provides resources and guidance to assist organizations in compliance. By enforcing this standard, Philadelphia aims to foster a fairer labor market.