29 Apr Biden Issues Executive Order Raising the Federal Contractor Minimum Wage to $15
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Beginning Jan. 30, 2022, agencies must incorporate the new rate into contract solicitations, implementing the wage into new contracts by March 30 of that year, according to the order.
Organizations must also implement the $15 per hour wage into existing contracts if they are extended.
On April 27, 2021, President Joe Biden issued an executive order raising the minimum wage of federal contractors to $15 per hour.
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According to the Equal Employment Opportunity Commission (EEOC),