On Sept. 30, theÌýU.S. Department of Labor’s Wage and Hour Division issued an annual update to the hourly minimum wage for federal contract workers covered by , Increasing the Minimum Wage for Federal Contractors, in the .

Effective Jan.1, 2025, the EO 14026 minimum wage rate that generally must be paid to workers performing work on or in connection with covered contracts will increase from $17.20 to $17.75 per hour. This minimum wage rate will apply to nontipped and tipped employees alike. Visit the on EO 14026 for more information.

Contracts similar to those covered by EO 14026 that were entered into, renewed or extended before Jan. 30, 2022, are generally subject to a lower minimum wage rate established by the Feb. 12, 2014, , Establishing a Minimum Wage for Contractors. On Jan. 1, 2025, the EO 13658 minimum wage will increase from $12.90 to $13.30 per hour.Ìý

Visit the DOL’s for more information.