Roundup: US employer resources on $15/hour or higher minimum wage rates 

October 28, 2024

Beginning Jan. 1, 2024, Executive Order 14026 increased the minimum wage rate for federal contractors to $17.20/hour — up from $16.20/hour in 2023. This follows an April 2021 executive order that required federal contractors to pay a $15 hourly minimum wage to workers for new federal contract solicitations starting Jan. 30, 2022. Several states have also taken action to gradually increase the minimum wage to at least $15/hour for most employees. To help employers prepare and address related issues, this roundup provides links to federal and state resources from organizations, government websites, third-party resources and news articles.

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