Federal Contract Minimum Wage Increases to $10.15 Effective January 1, 2016

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As you no doubt know by now, President Obama issued Executive Order 13658 on February 12, 2014, establishing a $10.10 per hour minimum wage for employees working on covered federal contracts and subcontracts, starting January 1, 2015. The Department of Labor (DOL) issued a Final Rule (previously discussed here) on October 10, 2014, and the FAR Council issued an Interim Rule on December 15, 2014 (correction here) (previously discussed here), implementing the Executive Order. The Executive Order also established new minimum wage rules for tipped employees …read more

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