The minimum wage for work performed on or in connection with federal contracts will increase as follows:
- Contracts Covered by Executive Order 13658 : The minimum wage will increase to $12.90 per hour and the minimum base wage for tipped employees will increase to $9.05 per hour.
- Contracts Covered by Executive Order 14026 : The minimum wage will increase to $17.20 per hour.
- Additionally, the ability to take a tip credit and pay a lower base wage for tipped employees will be eliminated.
The Department of Labor has published helpful FAQs on Executive Order 13658 and Executive Order 14026. A side-by-side comparison of these executive orders, including the contracts covered by each, can be found here.