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Following the enactment of the Puerto Rico Minimum Wage Act (Law 47 of 2021) there will be a yearly increase of the minimum wage from $7.25 to $10.50 per hour by July 1, 2024. Minimum wage increased to $8.50 on January 1, 2022, [ 327 ] with subsequent increases for all employees covered by the FLSA as follows: [ 328 ]
The highest state minimum wage in 2024 will be Washington state, at $16.28, up from $15.74. ... State minimum wage increases in 2024* Alaska: $11.73, up from $10.85. Arizona: $14.35, up from $13.85.
Updated December 30, 2024 at 2:07 PM ... In Maine, the minimum wage will increase to $14.65, rising 50 cents. The rise comes due to Maine law and a a 2016 citizens referendum, with the state ...
Looking ahead: More minimum wage increases are slated for coming years: $14 in 2024, and $15 in 2025. Smaller employers are on a separate schedule that will reach $15 in 2026.
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
The General Assembly’s Fair Wage Act of 2023 increased Maryland’s state minimum wage from $13.25 to $15 an hour on Jan. 1, 2024. Some counties in Maryland have higher minimum wages depending ...
This group will see the largest minimum-wage increase in the country – $2.28 – with the state’s new minimum wage of $11.13 for all employers. ... Reddit employees dish on the 2024 IPO and ...
Starting on Jan. 1, 2024, minimum wage will increase by $1 bringing it up to $15.13 per hour for most employees. Additionally, wages will increase for: Seasonal and small employees to $13.73 per ...