President Biden Issues an Executive Order Increasing the Minimum Wage for Many Employees of Federal Contractors to $15.00
By EsqSocial Corporation 29/04/21
The Executive Order is projected to increase the hourly wage paid to hundreds of thousands of Federal contractor employees. President Biden issued an Executive Order raising to $15.00 per hour the minimum wage that Federal contractors and subcontractors must pay workers on covered contracts, beginning on January 30, 2022. Because the new $15.00 minimum wage is higher than some prevailing minimum wages paid under the McNamara-O’Hara Service Contract Act (SCA), this Executive Order is projected...
By: Pillsbury Winthrop Shaw Pittman LLP