DOL Close to Proposing $15 Wage Floor for Federal Contractors

The Biden administration is readying to implement the president’s executive order requiring federal contractors to pay workers at least $15 an hour, as the U.S. Labor Department sent its proposed rule to the White House for review.

DOL’s Wage and Hour Division, tasked with carrying out President Joe Biden‘s April directive to lift the minimum wage for government contractors to $15, from its current level of $10.95, transmitted the proposal to the White House Office of Information and Regulatory Affairs.

Approval from the White House’s regulatory office is generally the final step before federal agency regulations can be released ...