Which requirement is specified for contractors in relation to covered employees under the Minimum Compensation Ordinance?

The requirement specified for contractors in relation to covered employees under the Minimum Compensation Ordinance is that they must provide at least the minimum compensation. This ensures that all employees who meet the criteria of the ordinance receive a wage that meets a designated threshold, which is aimed at maintaining a standard of living for workers. The Minimum Compensation Ordinance is designed to uphold fair employment practices by mandating that contractors meet specific salary levels for their employees. This supports the overall goal of the ordinance to enhance economic stability for workers in the city.

In contrast, the other options, while they may involve aspects of employee management or compensation, do not directly address the core mandate of the Minimum Compensation Ordinance. The ordinance does not specify requirements regarding bonuses, guarantee of employment, or the frequency of performance reviews, instead focusing primarily on ensuring that all covered employees receive at least the minimum wage set out in the legislation.