President Trump has revoked President Biden’s EO that increased the minimum wage for federal contractor employees. This action is part of a broader effort by Trump to reverse several of Biden’s executive orders, marking a significant shift in federal policy. (Refer to EO “Additional Rescissions of Harmful Executive Orders and Actions.”) Read more
Justin R. Barnes
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Key Takeaways for Federal Contractors as Minimum Wage Rises to $17.75 in January
By Justin R. Barnes & Laura A. Mitchell on
Posted in Legal Update
Despite a number of pending lawsuits challenging the Biden Administration’s authority to impose the minimum wage increase for federal contractors, the new rate of $17.75 is expected to take effect January 1, 2025. Our colleagues share what the approximately 500,000 impacted employers need to know. Read more.