Federal Minimum Wage Increase 2021, Maximum Insights On Minimum Wage Workers 20 Years Of Data

Many states also have minimum wage laws.

New york state minimum wage 2020 chart. Indianas minimum wage is set equal to the federal minimum wage by statute. This applies from the first full pay period starting on or after 1 july 2020. 525 to 530 effective 7 1 2020.

If youve got questions about which increase group your business is covered by get in touch with our workplace partners on 1300 766 380. The maine minimum wage equals the federal minimum wage when it is set below the federal rate with the exception that any such. And to 15.

In cases where an employee is subject to both the state and federal minimum wage laws the employee is entitled to the higher of the two minimum wages. The chart below lists the most up to date minimum wage rate per state. The federal minimum wage for covered nonexempt employees is 725 per hour.

Effective january 1 2021 federal government contractors will be required to pay their employees working on or in connection with a government contract at least 1095hour an increase of 015hour over the 2020 minimum wage. The official announcement can be found here. To 1100 per hour effective january 1 2022.

To 1200 per hour effective january 1 2023. 2021 minimum wage rates. 4 listed rate is the standard state wage of 1200 per hour.

85 fr 53850 aug. The washington state department of labor and industries announced that the minimum wage will be raised to 1369 per hour beginning jan. Starting in 2019 the minimum wage will undergo a series of scheduled increases until it reaches 1100 in 2021.

The minimum wage for long island and westchester counties will be 1300. Workers who are 14 or 15 years old may be paid 85 of the adult minimum wage which amounts to 1164 an hour. Heres everything you want to know about the new minimum wage law than went into effect on july 1 2020.

Annual indexing effective july 1. The new law increases the minimum wage from its current federally mandated level of 725 per hour to 950 per hour effective may 1 2021. 2016 by county ordinance.

Employers are required to post the minimum wage as determined by the state and federal laws at all times for their employees. The minimum wage will not increase when cook countys unemployment rate is greater than 85 for the preceding year. The minimum wage in the portland metro area is 1325 per hour and the minimum wage in nonurban counties is 1150 per hour.

The minimum wage for new york city will be 1500 for all businesses. Fringe benefits paid to employees do not count towards the 1095hour. To 1350 per hour effective january 1 2025.

When the state city or county minimum wage rate is higher than the federal rate employers are required to pay workers the higher amount. Basic minimum rate per hour. The federal minimum wage in 2020 is 725 per hour and has not increased since july 2009.

Minimum wage rates will increase as a result of cpi federal wage increase or cost of living accommodation.