Diz Locaria co-authored “Executive Order Raises Minimum Wage to $15 for Federal Contractor and Subcontractor Employees” in the September 2021 issue of Government Contracting Law Report. The following is an excerpt:
President Biden has signed the Executive Order on Increasing the Minimum Wage for Federal Contractors1 (“EO”), which increases the minimum wage to $15.00 per hour for federal contractors and subcontractors working on or in connection with covered contracts. Not surprisingly, President Biden’s EO closely follows a 2014 executive order issued by then-President Obama that increased the minimum wage for federal contractors and subcontractors to $10.10. What does this latest minimum wage increase for federal contractors and subcontractors mean and when does it take effect? This article summarizes the key provisions.