On April 27, 2021, President Biden signed an Executive Order entitled “Increasing the Minimum Wage for Federal Contractors” that will raise the hourly minimum wage for federal contractors to $15.00 effective January 30, 2022. This Executive Order builds on Executive Order 13658 (“Establishing a Minimum Wage for Contractors”), issued by President Obama in 2014, which first implemented an hourly minimum wage of $10.10 for covered federal contractors.[i]
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FAR Council Finalizes Federal Contractor Minimum Wage Rule
By Jennifer Plitsch on
The FAR Council published a final rule to implement the President’s February 2014 Executive Order establishing a minimum wage for federal contractors. The final rule adopts almost all of the provisions of last year’s interim rule, with a few changes that employers should note.
First, the final rule clarifies…
Continue Reading FAR Council Finalizes Federal Contractor Minimum Wage Rule