President Joe Biden exceeded his authority under the Procurement Act when he issued an executive order (EO 14026) raising the minimum wage rate for employees of federal contractors to.
Effective January 1, 2024, the minimum wage for workers who perform work on or in connection with federal contracts will increase from $16.20 per hour to $17.20 per hour. This will.
Effective January 30, 2022, the minimum hourly wage that federal contractors and subcontractors must pay their workers increased to $15, implementing President Biden's Executive Order 14026 ("the Order").
Even the government is feeling the effects of the recent spike in inflation. In December, the Department of Justice DOJ issued a final rule adjusting certain civil penalties to account for the increasing rate of inflation in 2021.
The U.S. Department of Labor recently announced a Final Rule raising the minimum wage for some federal contractors to $15 per hour – and it takes effect on January 30. The Final Rule –.