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MID-YEAR 2014 STATE MINIMUM WAGE INCREASES

Minimum wage continues to be a hot issue in the states for the 2014 legislative session. Thirty-eight states have considered minimum wage bills during the 2014 session and thirty-four states are considering increases to the state minimum wage. Connecticut, Delaware, Maryland, Minnesota, West Virginia and D.C. have enacted increases so far in 2014.  West Virginia is raising the state’s minimum wage to $8.00 an hour in 2015 and $8.75 in 2016.

 More than a dozen states increased their minimum wage rates effective January 1, 2014.  Delaware is increasing it’s minimum wage to $7.75 on June 1, 2014.  California, Maryland, and Washington DC have increases effective July 1, 2014 and Minnesota is increasing it’s minimum wage effective August 1, 2014.

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.   Hawaii is the latest state to have legislation pending to increase the minimum wage to $10.10 over a four year period. 

 Follow this link http://www.wagewatch.com/resources/Minimum_Wage_Chart_May_2014.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 Thursday, May 15th, 2014 at 4:59 AM 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.