President Joe Biden is reportedly set to sign an executive order that will raise the minimum wage for federally contracted workers to $15 an hour.

“This executive order will promote economy and efficiency in federal contracting, providing value for taxpayers by enhancing worker productivity and generating higher-quality work by boosting workers’ health, morale, and effort,” the White House said in a statement, as reported by the AP.

Those who would receive a pay increase would include nursing assistants in veteran hospitals, laborers who help repair federal infrastructure, and various federal maintenance workers.

The wage hike will be tied to inflation, so it will automatically increase year after year. All federal agencies will be required to include the wage increase in new contracts by Jan. 30 of 2022, and be required to follow through by March 30 of the same year. President Biden has said in the past that he wishes to increase the minimum wage to $15 nationwide, and although that has not passed through Congress, this is a promising first step.