On July 21, 2021, the Department of Labor (“DOL”) announced that it is seeking public comment on a proposed rule which would require federal contractors to pay a $15.00 per hour minimum wage by January 30, 2022. The rule would implement President Biden’s April 27, 2021 Executive Order 14026 (“EO 14026”), which mandated an increase
Fastest 5 Minutes: Minimum Wage for Contractors and Bid Protests
This week’s episode covers notable bid protest decisions as well as an update from National Institute of Standards and Technology and the Executive Order increasing the hourly minimum wage for federal government contractors, and is hosted by partner Peter Eyre and counsel Monica Sterling. Crowell & Moring’s “Fastest 5 Minutes” is a biweekly podcast that …
President Biden Signs Executive Order Mandating $15 Minimum Wage for Certain Employees on Certain Federal Contracts
On April 27, 2021, President Biden signed an Executive Order (the “EO”) increasing the hourly minimum wage for certain federal government contractors (and subcontractors) to $15.00 per hour ($10.50 per hour for tipped workers), beginning January 30, 2022. Beginning in January 2023, the applicable minimum wage rate will be adjusted annually based on the annual percentage increase in the Consumer Price Index.
Continue Reading President Biden Signs Executive Order Mandating $15 Minimum Wage for Certain Employees on Certain Federal Contracts