On April 27, 2021, President Biden issued a new executive order that will raise the federal contractor minimum wage to $15 per hour from the current $10.95 per hour, starting Jan. 30, 2022.

Biden’s new executive order is similar to the Obama administration’s Executive Order 13658 (originally setting a $10.10 federal contractor minimum wage), with some notable exceptions:

• The federal contractor minimum wage is raised to $15 per hour starting
Jan. 30, 2022.

To read the entire article please click the link below

https://www.constructionbusinessowner.com/law/15-federal-contractor-minimum-wage-implementation-concerns

Tom is a construction estimator with over 35 years of experience in the industry from field work to general contracting.

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