President Biden Increases Minimum Wage for Federal Contractors
By EsqSocial Corporation 07/05/21
On April 27, 2021 President Biden issued Executive Order No. 14026 (the “Executive Order”) increasing the minimum wage for federal contractors. Starting January 30, 2022, all executive branch agencies must incorporate a $15 minimum wage in new contract solicitations. Additionally, by March 30, 2022, all executive branch agencies will need to implement the minimum wage in new contracts. Federal contractors entering into new contracts must agree to pay employees doing work performed under...
By: Butler Snow LLP