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Report Link Reminder: Federal Minimum Wage Increases to $6.55 Per Hour on July 24, 2008.Ford & Harrison LLP - July 24, 2008 This is a reminder that, effective July 24, 2008, the federal minimum wage rate for covered non-exempt employees will increase from $5.85 per hour to $6.55 per hour. This is the second of three increases required by the 2007 Fair Minimum Wage Act, which amended the federal Fair Labor Standards Act (FLSA). The final increase, to $7.25 per hour, will take effect July 24, 2009. Report Link Another Big Change in Minimum Wage Coming.Fisher & Phillips, LLP - April 02, 2008 Effective on Thursday, July 24, the federal Fair Labor Standards Act's minimum wage rises again from $5.85 to $6.55 per hour. This is the second step of the three-stage increase that became law last year. On July 24, 2009, the rate will jump to $7.25 per hour. Report Link The New Federal Minimum Wage: Much Ado About Nothing for Many Until 2008.Fredrikson & Byron, P.A. - August 23, 2007 Few Minnesota employers probably even noticed that, effective July 24, 2007, the federal minimum wage increased from $5.15 to $5.85 per hour. That’s because the seventy-cent increase only affected a handful of Minnesota employers. Minnesota’s minimum wage of $6.15 for large employers—those companies with annual gross sales made or business done of $625,000 or more—already exceeded the new federal minimum. The federal increase affected only Minnesota small employers—those companies with annual gross sales made or business done of less than $625,000. Because of their size, those companies were allowed to pay the previous Minnesota minimum of $5.25. Report Link Maximum Impact of Minimum Wage.Elarbee, Thompson, Sapp & Wilson, LLP. - August 21, 2007 After nearly ten years without an increase in the minimum wage, Congress has implemented an increase in the minimum wage which has a maximum impact on restaurants and other service industries. The federal minimum wage will increase by a total of $2.10 an hour by July 2009, which is nearly $4,400 a year for a full-time employee. The stated purpose of this increase is to give millions of low income workers “their fair share,” but as restaurant owners and managers know, there is no free lunch and the increase in minimum wage must come from somewhere. Report Link A Good Time To Audit Your Payrolls [Dealership Update].Fisher & Phillips, LLP - August 10, 2007 For years, most states which had minimum wage or overtime laws had minimum wages which were equal to or lower than the federal minimum wage. They also typically recognized the same exemptions from overtime as the federal law. This made it relatively easy for dealers to comply with the wage-hour laws: just do what the federal law required and everything will be fine. Report Link New Federal Minimum Wage Takes Effect.Ogletree Deakins - July 27, 2007 Don't forget that the federal minimum wage will increase from $5.15 to $5.85 per hour, effective tomorrow (July 24, 2007). The increase will have little impact on most employers, however, considering that more than half of the states and the District of Columbia have established minimum wage rates that exceed the new federal rate. Employers that are subject to the new federal minimum wage should ensure that their payroll records reflect the change and that the proper posters are in place. Report Link Impact of July 24 Federal Minimum Wage Increase Depends, in Part, on State Law Requirements.Ford & Harrison LLP - July 25, 2007 As most employers are aware, the federal minimum wage rate increased to $5.85 today (July 24, 2007). As discussed in our prior Legal Alert, the federal minimum wage will increase to $6.55 per hour on July 24, 2008, and $7.25 per hour on July 24, 2009. Employers who use the “tip credit” may continue to pay employees $2.13 per hour; however, they must ensure that the employees’ total compensation, including tips, meets the new required minimum wage. Report Link New, Legally Required Minimum Wage Poster Available for Free.Fisher & Phillips, LLP - July 20, 2007 On Tuesday, July 24, the first of three increases in the federal minimum wage will take effect. Report Link New Minimum Wage Poster Available.Ford & Harrison LLP - July 16, 2007 The Department of Labor (DOL) has revised the federal minimum wage poster to include the new minimum wage rate. Report Link New Federal Minimum Wage Takes Effect July 24, 2007 (pdf).Nexsen Pruet - June 11, 2007 $5.85 wage rate takes effect in July. Report Link Graduated Minimum Wage Increase Effective July 24, 2007 (pdf).Jones Walker - June 05, 2007 The first minimum wage increase under the Fair Labor Standards Act in
ten years has been approved by Congress and the President and will take effect
within the next 60 days. The Fair Minimum Wage Act of 2007 was passed as part
of the Iraq appropriations bill and signed by the President on May 25, 2007. Report Link First Minimum Wage Increase in a Decade Signed Into Law.Littler Mendelson, P.C. - June 04, 2007 Legislation providing the first increase in a decade in the federal minimum wage was passed by Congress on May 24, 2007. It was signed into law by President George W. Bush on May 25. Report Link President Approves Increase in Federal Minimum Wage Rate.Ford & Harrison LLP - June 01, 2007 President Bush has signed legislation increasing the federal minimum wage from the current level of $5.15 per hour to $7.25 by 2009. The “Fair Minimum Wage and Tax Relief” measure is part of a larger spending bill authorizing additional funds for the war in Iraq, among other things. This is the first increase in the federal minimum wage rate since 1997. Report Link Federal Minimum Wage To Rise For The First Time Since 1997.Jackson Lewis LLP - May 31, 2007 Fulfilling a campaign promise, on May 24, 2007, the Democratic Congress passed the "Fair Minimum Wage Act of 2007"—legislation increasing the federal minimum wage in stages. This minimum wage legislation was part of the broader "War Funding" bill. As expected, President Bush signed the measure into law on May 25th. Report Link New Minimum Wage Law Signed First Increase In Ten Years (pdf).Fisher & Phillips, LLP - May 30, 2007 On Friday , May 25, President Bush signed new minimum-wage
legislation which Congress passed a day earlier. The federal
minimum wage (currently $5.15 per hour) will rise in three
steps as follows: Report Link House and Senate Pass Bills to Increase Federal Minimum Wage.Jackson Lewis LLP - February 06, 2007 Prior to the commencement of the 110th Congress, the new Democratic leadership pledged to increase the federal minimum wage. This pledge moved one step closer to fulfillment on February 1, 2007 when the Senate passed a bill that would raise the minimum wage to $7.25 per hour by 2009. A week earlier, the House passed a similar bill. However, the Senate bill contains a business tax package that conflicts with the House-passed bill, which addressed solely an increase to the minimum wage. The tax package contained in the Senate bill expands tax breaks intended to help employers absorb the costs of the minimum wage hike. The House and Senate will have to conference and pass a joint bill before sending the bill to President Bush for signature. Report Link Minimum Wage.Department of Labor - December 01, 1999 DOL's minimum wage page. Report Link Minimum Wage Homepage.Department of Labor - (No Date) DOL Wage & Hour Division minimum wage homepage. Report Link Minimum Wage Q&A.Department of Labor - (No Date) Questions and Answers About the Minimum Wage Report Link Minimum Wage Topic Page.Department of Labor - (No Date) DOL's Topic Page on the federal minimum wage, which includes brief discussion of minimum wage, related DOL web pages and applicable laws and regulations.
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ArticlesFound: 20 ArticlesNO SUBTOPICSEmployment Law Seminars
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September 11, 2008 Nexsen Pruet |
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