On April 27, 2021, President Biden issued an executive order (EO) that will, beginning in early 2022, raise the minimum hourly wage from $10.95 to $15.00 for workers working on or in connection with covered federal contracts and subcontracts. More information about the EO is available on the Administration’s fact sheet. This minimum wage will increase in subsequent years based on inflation. The EO makes good on the Administration’s announcement in January that the President would increase the minimum wage requirements for federal contractors in his first 100 days in office.
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Minimum Wage
Virginia Employment Law Changes: Looking Back at 2019 and Ahead at 2020
As sophisticated employers know, an employer must track and comply with developments not only in federal law, but also state and local law. This blog post details key changes in employment laws in the Commonwealth of Virginia in 2019, as well as upcoming changes in 2020, including new personnel records disclosure and paystub requirements.
Employers …
Washington D.C. Minimum Wage Set to Increase Again on July 1, 2019
Effective July 1, 2019, the District of Columbia minimum wage will increase to $14.00 per hour, from the current $13.25 per hour. The new rate will apply to all employers, regardless of size. The upcoming increase to the minimum wage is part of a series of increases that began with the passage of the District’s…
New York Minimum Wage Set to Increase Again on December 31, 2018
Effective December 31, 2018 the minimum wage will rise across New York. The new minimum wage will vary depending on the location and, in New York City, the size of the business. In order for exempt employees to remain exempt into the new year, employers will need to ensure that their annual salaries meet the…
New Minimum Wage Laws Take Effect Across the Nation
For many workers throughout the US, the New Year has begun with increased hourly wages. On January 1, 2018, 18 states and 22 cities/counties across the nation increased their minimum wage. Ten of these states raised their minimum wage through legislation, while the remaining states will see an increase because of cost-of-living adjustments to existing…
New York’s Minimum Wage Increased on December 31, 2017
It’s that time of year for all employers in New York to confirm that their payroll is set up to pay the new minimum wage that went into effect on December 31, 2017. Additionally, in order for exempt employees to remain exempt into the new year, employers will need to ensure that their annual salaries…