Yesterday, President Obama issued an Executive Order to increase the minimum wage for employees of federal contractors and subcontractors to $10.10 an hour. President Obama announced the Order at his State of the Union address last month. The Executive Order states that “[r]aising the pay of low-wage workers increases their morale and the productivity and quality of their work, lowers turnover and accompanying costs, and reduces supervisory costs.”
State of the Union
President Obama Expected To Increase Minimum Wage For Federal Contractor Employees
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President Obama is expected to announce at his State of the Union address that he will issue an executive order to increase the minimum wage for employees of federal contractors to $10.10 an hour.
The anticipated executive order is consistent with broader efforts to increase the federal minimum wage. In…