Biden’s $15 min wage hike in effect

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

The directive will affect nearly 70,000 federal workers, most of whom work at the Departments of Defense, Agriculture and Veteran Affairs, OPM said in a statement on Friday. The new minimum wage applies to all executive branch agencies, except the U.S. Postal Service and Postal Regulatory Commission.

Agencies are expected to implement the higher wage by Jan. 30. There are 2.2 million federal workers, a majority of whom already earn $15 an hour. There are 2.2 million federal workers, the largest share – 56,000 – who don’t yet earn $15 an hour work at the Department of Defense, according to the memo.

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www.foxbusiness.com/politics/biden-minimum-wage-hike-federal-agencies

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