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

December 17, 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. Federal appeals courts have taken different positions on the legality of the Executive Order. Numerous 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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