Heyl Royster

 


Heyl Royster

 

Legislative Update - Federal Regulations

8/4/14

Minimum Wage Executive Order

The President signed an executive order raising minimum wage to $10.10 an hour for new contracts beginning January 1, 2015. Office of the Press Secretary, White House, Executive Order- Minimum Wage for Contractors (February 12, 2014), available at: http://www.whitehouse.gov/the-press-office/2014/02/12/executive-order-minimum-wage-contractors. Tipped workers also received an immediate increase from $2.13 an hour to a minimum tip wage of $4.90 an hour with 95 cent increases each year until the tip minimum wage is 70 percent of the $10.10 minimum wage.