Since 2009, the federal minimum wage has been set at $7.25 per hour. Nonetheless, some jurisdictions have decided to step up in an effort to keep better employees.
On New Year’s Day, three states will raise their minimum wages to $15 for the first time, joining seven that have already done so or are above it, according to a USA Today report.
Rhode Island, Delaware, and Illinois are those three states.
California and New Jersey are raising the minimum wage for certain occupations even more, raising it to $17 for certain healthcare workers.
certain local counties are even enforcing a minimum wage within their borders since the federal government isn’t taking any action to raise the national minimum wage and certain states are moving more slowly.
For instance, Burien, Washington, will raise its minimum wage to $21.16 for King County firms with 500 or more employees, making it the highest pay floor in the country.
People believe that $21 per hour is sufficient to get wealthy. In actuality, $32,760, which is the average pay in various areas of America, would not be sufficient to sustain a whole family in the current economic climate if one had to work thirty hours per week.
Minimum wage increases are being implemented differently and on various schedules in each of the 23 states. Each state’s minimum wage rise schedule and amount may be seen here.
These raises are permanent and will boost the employability of employees. Compared to the $4.75 per hour we received in the 1990s, this is a huge change!
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