Biden Admin Lifts Federal Minimum Wage To $15/HR

Axios reports:

Federal agencies are being directed to raise the minimum wages for government employees to $15 an hour, according to new guidance from the Office of Personnel Management shared first with Axios.

Why it matters: The guidance will impact almost 70,000 federal employees, most of which work at the Departments of Agriculture, Defense and Veterans Affairs. OPM is directing agencies to implement the new wage by Jan. 30.

The largest share of employees, more than 56,000 people, currently paid below $15 work at the DOD. In the report, which was submitted to the White House, OPM officials indicated that the majority of the 2.2 million federal employees are already earning at least $15 an hour.

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