As we blogged last year, the President’s Executive Order establishing a minimum wage for certain federal contractor employees requires that the minimum wage be adjusted on an annual basis. In the September 16, 2015 Federal Register, the Department of Labor’s Wage & Hour Division will announce that the wage rate will increase from $10.10 per hour to $10.15 per hour. The minimum cash wage for covered tipped employees will increase from $4.90 per hour to $5.85 per hour.

Workers performing on or in connection with covered contracts must be paid these new rates beginning January 1, 2016.