Of course, some states have minimum wage rates above the federal level but without plans to reach the $15 mark — neither through scheduled increases nor indexing. As to the Minneapolis and St. Paul minimum wages for small employers, a pattern arises similar to those in Figures 3 and 4. The initial rates of these minimum wages ($10.25 in Minneapolis for 2018 and $10 in St. Paul for 2020) were less than 50% of manufacturing AHE. However, by the time the Minneapolis and St. Paul minimums reach $15.00, they will be about 59% and 57% of manufacturing AHE, respectively. Both will be above the 55% level reached by the federal minimum wage in 1968.

$8.75 applies to employers of 6 or more employees at one specific location. Employers of 5 or fewer employees at one specific location must pay the federal minimum wage of $7.25 per hour. A business not covered by the federal Fair Labor Standards Act whose gross annual sales are $110,000 or less may pay $4.00 per hour. The 7th day overtime law does not apply when the employee is not permitted to work over 40 hours total in the workweek. On September 22, 2022, the NYS Division of the Budget issued its report on minimum wage rates scheduled to take effect on December 31, 2022. Read the NYS Division of the Budget Report, theOrder of the Commissioner of Labor, and theProposed Regulatory Text.

$13.50 per hour – Standard

On March 23, Governor Kenneth Mapp of the Virgin Islands signed Act 7856, establishing an $8.35 minimum wage with scheduled annual increases on June 1, 2017, and 2018 until the rate reaches $10.50. Massachusetts enacted a measure to increase the state minimum wage to $15 over five years. The tipped wage would rise to $6.75 from $3.75 over the same time period. Maryland’s legislature overrode a gubernatorial veto to enact a measure that phased-in a minimum wage increase to $15 by and eliminated and the state subminimum wage for employees younger than age 20. Delaware enacted SB 15 in July, which will gradually increase the minimum wage rate to $15 by 2025. Employers covered by the FLSA but who are not subject to the Puerto Rico Minimum Wage Act must pay at least the federal minimum wage of $7.25 per hour.

“What we continue to hear on the ground is people have been looking to what are the early results from D.C. and other markets that implemented the $15 Minimum Wage By State In 2020 & 2021,” Stevenson said. “As people get more comfortable with the results and the impact it’s had on the economy, I think we’ll continue to see that at the state level.” Next year, half of U.S. states will raise their minimum wage, up from 21 in 2020.

Effective July 1, 2021

We have been helping businesses resolve their compliance problems since 1999, and know exactly which posters you need, where to put them up, and when to update them. Whether you have fallen behind on compliance requirements, opened a new branch office, or acquired a company in an unfamiliar industry, our support people will be there for you. We know the challenges you face to run a successful business. The tight deadlines, the constantly changing requirements, and the struggle to be better than the competition – we understand. Here at LaborLawCenter our Compliance Experts are constantly working to stay on top of the many compliance changes so you don’t have to.

• A Division of Labor Standards Educational Seminar may help an employer avoid the cost and inconvenience of a Labor Standards Investigation.
• Paycor delivers deep product functionality, standard integrations, and certified expertise in sales and service to meet the needs of the industries and organizations we serve.
• The 90-day training wage and youth wage will also be $8.42 per hour.
• We help you stay updated on the latest payroll and tax regulations.