In 2014, thirty-eight states introduced minimum wage legislation and ten states and the District of Columbia enacted increases. Currently, twenty-three states and D.C. have minimum wages above the federal minimum wage, and eighteen states, Guam, and the Virgin Islands have minimum wages the same as the federal minimum wage of $7.25. Nine states, American Samoa, and Puerto Rico fall under the federal minimum wage due to having either no state minimum wage enacted or a state minimum wage that is below the current federal minimum wage.
As a result of the November 2014 ballot measures, four states – Alaska, Arkansas, Nebraska and South Dakota – approved minimum wage increases in the 2014 election; Illinois voters approved an advisory measure. Minimum wages will go up in nine states on Jan. 1, 2015 because of indexed increases in their state law: Arizona, Colorado, Florida, Missouri, Montana, New Jersey, Ohio, Oregon, and Washington.
Alaska’s minimum wage will increase from $7.75, to $8.75 effective Jan. 1, 2015 and to $9.75 effective Jan. 1, 2016. In subsequent years, the state minimum wage would be automatically adjusted based on inflation or remain $1 higher than the federal minimum wage, whichever is greater.
Arkansas’ minimum wage includes a three-step increase to $7.50 effective Jan. 1, 2015; to $8 effective Jan. 1, 2016; and to $8.50 effective Jan. 1, 2017.
Nebraska will increase it’s minimum wage to $8 effective Jan. 1, 2015, and to $9 effective Jan. 1, 2016.
South Dakota’s minimum wage will increase to $8.50 effective Jan. 1, 2015, and provides for automatic annual increases in subsequent years, based on inflation. The measure also includes a raise to the state’s tip credit, from $2.13 to $4.25.
Illinois voters approved an advisory question that asked whether they would support increasing the state minimum wage to $10 by Jan. 1, 2015.
Follow this link to the WageWatch Federal and State Minimum Wage Chart with details of state and local minimum wage and pending increases. http://wagewatch.com/resources/Minimum%20Wage%20Chart.xlsx
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