What is the Annual Wage Order? October 04, 2023 16:43 Updated The Division of Labor Standards issues the Annual Wage Order each year. It contains the proper hourly wage rates, overtime and holiday wage rates, and make up schedules for workers on prevailing wage projects. Related articles What is the Prevailing Wage? As a contractor, how do I obtain a copy of the prevailing wage rate for a specific project? How is the proper prevailing wage rate calculated from the wage order? Is there a minimum dollar amount before a project is considered a public works project? What is the minimum wage?