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.
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