The U.S. Department of Labor (DOL) has published final regulations implementing President Biden’s Executive Order (E.O. 14026) that increases the minimum wage for employees working under certain federal contracts to $15.00 per hour. The regulations are scheduled to go into effect beginning on January 30, 2022, subject to additional regulatory steps that must be completed, as discussed in more detail below.
The final rule closely tracks the proposed rule DOL published in July, and is fairly consistent with the existing federal contractor minimum wage mandate implemented during the Obama Administration that it now supersedes.
Members of the Center for Workplace Compliance (CWC) can read more here.