New Exec. Order Increases Federal Contractor Min. Wage to $15 Per Hr.
By EsqSocial Corporation 03/05/21
President Biden recently signed an executive order (EO) that will increase the minimum wage rate to be paid to workers performing work on or in connection with a federal contract from $10.95 per hour to $15.00 per hour beginning January 30, 2022. The EO states that federal executive departments and agencies shall, to the extent permitted by law, ensure that contracts and contract-like instruments include a new wage clause that the contractor and any covered subcontractors shall incorporate into...
By: Bradley Arant Boult Cummings LLP