WageWatch Ibrief Blog


Minimum Wage Momentum

According to a national review by The Associated Press, at least 30 states are sponsoring or are expected to introduce wage hike measures. As of Jan. 1, 2014, twenty-one states and Washington D.C. have minimum wage rates above the $7.25 federal minimum wage rate. Nineteen states, Guam, Puerto Rico and Virgin Islands have minimum wage rates the same as the federal minimum wage. Four states and American Samoa have minimum wage rates below the federal minimum wage (therefore the federal minimum applies).  Five states have not established a state minimum wage.

 Minimum wage continues to be a hot issue in the states for the 2014 legislative session. Thirteen states and five local municipalities increased their minimum wage effective January 1, 2014.  Ten states have tied their minimum wages to the index, guaranteeing that they rise with the cost of living each year. Other states, such as New Jersey and Connecticut, passed legislation in 2013 that will nominally raise their minimum wages. 

 Delaware has already passed a law in the 2014 session increasing their minimum wage to $7.75 an hour, effective June 1, 2014, and to $8.25 effective June 1, 2015. D.C. has passed a bill this session to increase the District’s minimum wage; the bill is under review in Congress.

 In Iowa, a bill would hike the minimum wage from $7.25 an hour to $10.10. A Rhode Island bill would raise it from $8 to $9.  And a year after New York approved a multiyear minimum wage hike, another bill was introduced for 2014 that would accelerate the increase.

 Washington state and the District of Columbia will increase their minimum wages rate to $11.50 by 2016 and there is legislation pending in Washington state for another increase to $12.00.   Two states have legislation pending to increase the minimum wage up to or over $10.00 and another two states have legislation pending to increase the minimum wage up to or over $11.00.

 As of Feb. 24, 2014; the following states have bills that are pending regarding state minimum wage increases (includes active carry-over bills from 2013): CA, DC, GA, HI, IL, IA, KS, KY, ME, MD, MI, MN, MS, NE, NH, NJ, NM, NY, NC, RI, TN, UT, VA, WA, WV

 Follow this link http://www.wagewatch.com/resources/Minimum%20Wage%20Chart.xlsx to the WageWatch Federal and State Minimum Wage Chart with details of state and local minimum wage and pending increases.

WageWatch, Inc. is the leading compensation survey provider for the lodging and gaming industries with over 7,000 properties in its database. WageWatch also consults routinely with management companies on their pay structures and pay rates. The PeerMark™ Wage Survey is the only Web-based custom survey tool that allows individual survey participants to select their competitive set for comparison purposes.

This entry was posted on Wednesday, February 26th, 2014 at 3:20 PM and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.