Effective January 30, 2022, the U.S. Department of Labor's final rule, in conjunction with Executive Order 14026:

• Increases the hourly minimum wage for certain federal contractors to $15 beginning January 30, 2022, with future inflation-based increases. 
• Eliminates the tipped minimum wage for federal contractors by 2024.  
• Ensures a $15 minimum wage for workers with disabilities performing work on or in connection with covered contracts.  
• Restores minimum wage protections to outfitters and guides operating on federal lands.