by Ted
The federal minimum wage will be $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws. In cases where an employee is subject to both state and federal minimum wage laws, the employee is entitled to the higher minimum wage. Of course, the states do not make it easy. Only 12 […]
Filed under: Federal News, Payroll News, State News
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by Ted
Five states increased their minimum wages effective July 1, 2008. In Illinois, the state minimum wage increased from $7.50 to $7.75 per hour. Credit for tips may not exceed 40% of the applicable minimum wage. Michigan’s minimum wage also increased from $7.15 to $7.40. Tipped employees make $2.65 making the state tip credit $4.75. The […]
Filed under: Payroll News, State News
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