News Detail

Biden to Raise Federal Contractor Minimum Wage to $15/Hour by March 2022

President Joe Biden is expected to sign an Executive Order (EO) today to raise the federal contractor minimum wage to $15/hour by March 2022. Per the EO, federal agencies will have to begin incorporating the new wages into their contract solicitations by January 30, 2022, for implementation no later than March 30. The new wages will apply to existing and multi-year contractors when their contracts receive their annual renewals.

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