Professional Service Agreement

Minimum Wage for Employees of Federal Contractors Will Increase in January 2022

September 20, 2021

The U.S. Department of Labor has announced that the minimum wage for workers performing work on or in connection with federal contracts will increase from $10.95 to $11.25 per hour effective January 1, 2022. Federal contracts that are entered into on or after January 30, 2022, or that are renewed or extended on or after January 30, 2022, will be generally subject to a higher minimum wage rate of $15.00 per hour.