Biden to raise minimum wage for federal contractors to $15 an hour

Two months after his effort to raise the federal minimum wage to $15 an hour ran into the Senate parliamentarian buzz saw, President Joe Biden is set to use his executive powers to hike the pay of hundreds of thousands of federal contract workers.

Two months after his effort to raise the federal minimum wage to $15 an hour ran into the Senate parliamentarian buzz saw, President Joe Biden is set to use his executive powers to hike the pay of hundreds of thousands of federal contract workers.

The President is expected to issue an executive order on Tuesday that increases contract workers' hourly minimum wage to $15 in early 2022, up from the current $10.95. It eliminates the tipped minimum wage, now $7.65 an hour, by 2024 and ensures that federal contract workers with disabilities also receive a minimum of $15 an hour.

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