President Joe Biden on Tuesday issued an executive order requiring federal contractors to pay their workers at least $15 an hour. Federal agencies on Jan. 20, 2022, must include a $15 minimum wage in all new contract solicitations. By March 30 of next year, all agencies will need to implement the minimum wage into new contracts and into existing contractors when the parties exercise their option to extend such contracts, which often occurs annually, according to the White House. The order will also stipulate an indexing of the minimum wage to an inflation measure, which means that contractors will have to compensate their lowest-paid workers even more in the coming years. Another piece revokes former President Donald Trump’s executive order which allowed outfitters and guides operating on federal lands more flexibility in what they paid their workers. Those companies will be forced to pay their workers at least $15 an hour under …