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Federal minimum wage vs inflation chart. The three designated oregon state areas have different minimum wages from one another meaning if you work for an employer within one of these areas you will be subject to that areas minimum wage. By how much depends on where you work. The 2016 oregon legislature passed.
The state of oregon has varying minimum wage rates that are decided by geography. Oregon minimum wage 2020. On july 1 2020 oregons minimum wage increased to 1200 for companies in the standard area 1325 in the portland metro area and 1150 for companies in the non urban counties.
If you earn the minimum wage youre getting a raise. As mentioned previously the oregon state minimum wage is quite different when compared with most other states. Oregons minimum wage rates go up on july 1 each year through 2022.
As benton county falls into the standard county zone this will bring the minimum wage in corvallis to 1200 an hour in the coming weeks in 2021 1275 and by 2022 1350. At present the oregon bureau of labor and industries boli enforces a 1250 minimum wage in the portland metro area a 1125 rate in standard counties and 11 in non urban counties. The highest minimum wage only exists within portlands urban growth boundary between multnomah clackamas and washington counties.
On july 1 2023 the minimum wage will continue to increase based on the inflation rate as measured by the consumer price index. Heading into 2020 there will be no immediate changes made to the oregon state minimum wage. Find oregons scheduled minimum wage increases.
Oregon minimum wage increases on a determined schedule every july 1st through 2022. The minimum wage is set to increase july 1 in oregon. For a minimum wage employee whose work period or work day straddles june 30 and july 1 there will be two different rates of pay.
Beginning july 1 2023 the minimum wage rate will be indexed to inflation based on the consumer price index cpi a figure published by the united states bureau of labor statistics. A full time minimum wage worker in oregon working will earn 45000 per week or 2340000 per year. In the past oregons minimum wage rate increases have impacted employees status as exempt from overtime for employees who earned salaries at the minimum wage rate.
Changes typically take place july 1st of any given year and are scheduled to increase each year through 2023. As of 2020 however the minimum salary required for exemption from overtime under federal law is higher than the threshold set by oregon law.
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