Biden Signs New Federal Contractor Minimum Wage E.O.
On April 27, 2021, President Biden signed a new Executive Order increasing the minimum wage paid under certain federal contracts to $15 per hour. The new wage mandate applies to contracts entered into or modified after January 30, 2022, although agencies are encouraged to comply sooner. While the categories of covered contractors appear similar to those under former President Obama's E.O. 13658, there are some differences that are expected to be addressed through Labor Department regulations. CWC will publish additional analysis about the new E.O. in the near future.