Compliance Stuff

 Rates Up, Dude – Surfing the Wave of U.S. Minimum Wage, Tipped, and Exempt Employee Pay Increases that Will Occur on July 1, 2024 While some across the United States are working on their tans, many employers are working on managing their labor budgets so they don’t get burned by increases in minimum pay standards for non-exempt, tipped, and certain overtime-exempt employees that will take effect on July 1, 2024. Before lathering up for summer rates, however, we briefly highlight some notable rate-related developments that occurred in the preceding seasons. Of course, employers should watch out for sneaker waves – pending or future legislation – that could wipe out (change) other rates in 2024, and consider checking in with the lifeguard on duty (knowledgeable employment counsel) before diving headfirst into the compensation waters to confirm your pay practices are, like the sun’s rays, golden. Selected Rate-Related Highlights Occurring After January 1, 2024 Federal Increased Minim...

Several state and local minimum wage rates will soon increase, beginning on July 1, 2024. This article provides the state and major locality minimum wage increases for mid-2024 only, along with related changes in the minimum cash wage for tipped employees where applicable. The new rates are in bold text. NOTE: Jurisdictions that will not have—or have not announced—upcoming midyear increases in their minimum wage rates are not included below. This list includes the major localities with minimum wage rates that will increase in mid-2024. It is not exhaustive of all localities nationwide that have a minimum wage rate that may differ from the federal or state rate. Additionally, if a jurisdiction’s minimum cash wage for tipped workers is changing in mid-2024, it is included in the list below. MID-2024 MINIMUM WAGE INCREASES (State and Major Locality) *All the increases shown below will be effective on JULY 1, 2024, unless noted otherwise. CALIFORNIA Berkeley $18.07 to $18.67 Emeryville $18...

  State Minimum Wage Rate Change (non-contractual) If there are employees that are working on a project that is not bound to SCA Principles (such as Wage Determination and H&W Benefits), please double-check their pay rates. State Minimum Wage (as of January 1, 2024) ($) Administrative and Executive Salary ($) For Tipped Employees ($) Alaska 11.73   Not Applicable Arizona 14.35   11.35 California 16.00     Colorado 14.42 (proposed rate)   11.40 Boulder County  (All employees within the unincorporated parts of Boulder County.  Does not include the city of Boulder) 15.69     Denver 18.29     Edgewater 15.02     Connecticut 15.69   8.23 6.38 Boulder County  ( All employees within the unincorporated parts of Boulder County. Does not include the city of Boulder .) 15.69     Denver 18.29     Delaware 13.25   11.75 Hawaii 14.00     Illinois 14.00   8.40 Massachusetts 15.00...