Labor Law Updates

In mid-February 2014, President Obama issued an executive order to raise the minimum wage for federal contractor workers from $7.25 an hour to $10.10. Later, on March 13, he issued a presidential memorandum instructing the Secretary of Labor to propose revisions to “modernize and streamline” the existing overtime regulations.

As promised in his 2014 State of the Union address, President Obama has greenlighted a minimum wage increase for federal contract workers. The first step was the issuing of Executive Order 13658 – “Establishing a Minimum Wage for Contractors” – in mid-February. Nearly ten months later and after careful review of feedback from interested stakeholders, the Department of Labor announced a final rule raising the minimum wage from $7.25 to $10.10 an hour.