Min Wage News Today

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The owner says small businesses "can’t survive," but is she right?

In 2022, while the federal minimum wage will remain at $7.25 per hour for non-tipped employees and $2.13 per hour for tipped employees, several states’ minimum wage rates will increase. We include state minimum wage rate increases for 2022 below.

California’s drive toward a 15-dollar minimum wage continues. Effective January 1, 2022, the minimum wage for employers with 25 employees or less will increase to $14.00 per hour, and for employers with 26 or more employees, the minimum wage will increase to $15.00 per hour.

$13 on January 1, 2023; $14 on January 1, 2024 and  $15 on January 1, 2025. In contrast, Bank of America announced this week that it has set its own minimum wage of $25 per hour for employees effective immediately. And, President Joe Biden announced that the minimum wage for all federal contractors is $15. “At last, Rhode Island is on the path toward breaking the cycle of poverty for those at the bottom of the wage spectrum. Minimum wage has not kept pace with inflation over the decades, and...

Progressives Wont Give Up  Senate parliamentarian ruled that putting a stepped increase in the wage to $15 an hour in Biden’s $1.9 trillion pandemic relief plan didn’t comply with Senate budget rules. “Really our options right now, at least our immediate options on this specific issue, is to do something about this parliamentary obstacle or abolish the filibuster,” New York Representative Alexandria Ocasio-Cortez said Friday. Democrats pushing the minimum wage provision say the rest of...

Advocates weigh in on pros and cons of proposed $15 minimum wage hike Advocates weigh in on pros and cons of proposed $15 minimum wage hike By Lester Duhé | January 18, 2021 at 10:06 PM CST - Updated January 19 at 9:53 AM BATON ROUGE, La. (WAFB) - Could your minimum wage get bumped up to $15 dollars an hour? That’s a part of the Coronavirus recovery plan proposed by President-elect Joe Biden. The federal minimum wage, which currently sits at $7.25 an hour, hasn’t budged since ...