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Proposed Rule Requiring Federal Contractors to Pay a $15 Minimum Wage Is Released

Proposed Rule Requiring Federal Contractors to Pay a $15 Minimum Wage Is Released  The Labor Department is seeking comments by August 23.  The Labor Department announced on Wednesday it’s seeking public comment on a proposed rule directing federal contractors to pay a $15 minimum wage for their workers starting next year.  The rule works to implement President Biden’s executive order from April, which builds on one from President Obama in February 2014 that required federal contractors to pay their workers $10.10 per hour. Currently, the minimum wage for workers on federal contracts is $10.95 per hour and the tipped minimum wage is $7.65 per hour.

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