By Jonathan Davies

The White House has praised Facebook's new minimum wage policy which requires all contractors that do a "substantial amount of work" for the social network to pay their employees at least $15-per-hour (£9.53).

Making the announcement on Tuesday, chief operating officer Sheryl Sandberg said contractors would also have to provide at least 15 days of leave and child benefit payments.

Failure to do so could result in Facebook cancelling their contracts.

"This broader group will include workers who do substantial work for Facebook and who are employed by companies based in the US with more than 25 employees supporting Facebook," Ms Sandberg wrote in her blog.

"Research also shows that providing adequate benefits contributes to a happier and ultimately more productive workforce."

White House spokesperson Josh Earnest described the policy as an example of leadership on pay.

The policy could act as inspiration for large corporations operating in the UK. The topic of pay and the Living Wage has been repeatedly debated in economics and politics in the run-up to the general election.

What do you think? Should big businesses in the UK introduce a similar policy for contractors? Let us know on Twitter @freshbusiness.