Biden to raise minimum wage for federal contractors to $15 an hour
April 27, 2021. Summarized by summa-bot.
Compression ratio: 45.7%. 1 min read.
WASHINGTON, DC - MARCH 19: U.S. President Joe Biden walks to Marine One on the South Lawn of the White House on March 19, 2021 in Washington, DC. Biden is traveling to Georgia, where he will visit the Centers for Disease Control and Prevention (CDC) for an update on the coronavirus pandemic and will also meet with Asian-American community leaders after the recent shooting in Georgia that killed eight people. (Photo by Drew Angerer/Getty Images)
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.
(CNN)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.
Biden has pressed to hike the federal minimum wage nationally to $15 an hour, up from $7. 25, where it was set in 2009.
Tuesday's measure follows an executive order Biden signed days after taking office that set the stage for raising federal contract workers' pay, one of the President's campaign commitments.
The order also directed agencies to determine which federal workers are earning less than that minimum and develop recommendations to promote bringing them up to $15 an hour.
Business owners and Republicans, however, have long said that increasing the federal minimum wage nationally will hurt workers by forcing employers to hire fewer people.