In April 2021, President Biden issued Executive Order 14026, Increasing the Minimum Wage for Federal Contractors, directing an increase in the hourly minimum wage paid by contractors to workers under federal contracts governed by the Fair Labor Standards Act, the Service Contract Act, or the Davis-Bacon Act to $15 per hour, effective Jan. 30, 2022.
Click here to read the full article, published by Westlaw Today March 10.