Requiring federal contractors to comply with labor laws should be a standard business practice. The government should not be doing business with contractors who do not comply. All businesses should maintain wage records. Businesses that do not maintain wage records are most likely engaging in illegal practices. ----- "The rule was aimed at promoting compliance among federal contractors with labor laws to ensure “safe, healthy, fair, and effective workplaces” because of concerns that serious, alleged labor violations weren’t being considering by the federal government’s contracting officers. It applies to all contracts over $500,000. Additionally, it imposes a requirement on contractors to maintain wage records, and requires that contracts include clauses allowing employees to voluntarily consent to going through arbitration. Federal agencies could debar contractors that have severely or repeatedly violate labor laws, meaning that they’d no longer be eligible to receive federal contracts.