Thursday, July 9, 2009, 7:54 AM

Federal Minimum Wage Rate Increase

The Federal minimum wage will increase from $6.55 an hour to $7.25 an hour, effective July 24, 2009.

Employers should note this ten percent increase, take the necessary steps to implement the change and update their required postings, and ensure that they are complying with all applicable minimum wage laws. In doing so, it is important for employers to know the minimum wage laws in each state where they have employees. Some states have higher minimum wage rates than the Federal rate, while many others follow the Federal rate. (For example, under North Carolina law, employers must pay the higher of the Federal minimum wage or $6.15 per hour.) The U.S. Department of Labor makes available this handy chart summarizing the minimum wage laws of each state.

1 Comments:

Blogger Ed said...

21 states already pay above the Federal minimum wage, and guess what? The 6 states with the highest minimum wage are also 6 of the brokest states.
Read about it, and stick around for more good content.
http://libertarianhumor.com/2009/07/10/coincidence-i-think-not/

July 10, 2009 at 1:31 PM  

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