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Showing posts with the label minimum wage rate

Minimum Wage Increases Set for City and County of Santa Fe

Effective March 1, 2025, the minimum wage rates in the City of Santa Fe and Santa Fe County, New Mexico will increase to $15.00.    The city and county minimum wage rates adjust each year in accordance with the regional increase in inflation, which is calculated based off the percentage increase in the consumer price index (CPI-W) over the last 12 months. The jurisdictions generally announce their upcoming minimum wage changes in the month prior, providing employers a short turnaround time to review and update employee wages.    Considering this quick turnaround time, employers should review the following key highlights of the local ordinances and upcoming minimum wage changes.    Santa Fe City vs. County Wage Requirements While both the City and County of Santa Fe are increasing their standard minimum wage rates to $15.00 on March 1, 2025 , there are still differences in their minimum wage requirements.   Most notably, the  City of Santa Fe Livin...

Michigan Lawmakers Rush to Smooth Over Paid Sick Leave and Minimum Wage Rules Set to Take Effect Next Month: 8 Key Takeaways for Employers

  Good news is   likely   coming for Michigan employers related to the state minimum wage and paid sick leave laws set to take effect February 21 . Last week, both chambers of the state legislature introduced separate sets of bills to further amend these laws, which are on track to soon impose annual minimum wage increases, gradually eliminate the tip credit, and require vastly expanded paid sick leave rights. State lawmakers appear poised to push through some changes that could somewhat ease employers’ burdens – though the specific changes that survive the legislative process, if any, remain to be seen and may not become finalized until   after   the state’s sweeping changes take effect next month. We’ll give you some quick background and context for these competing sets of bills, as well as eight key takeaways. Quick Background As chronicled  here  before, a 2024 Michigan Supreme Court decision reinstated 2018 voter-initiated versions of the state’s ...