2009 Minimum Wage Posters
November 14th, 2008 Posted by MadisonEmployers should take a few minutes to update their 2009 minimum wage posters.
Every employer is required by law to display a number of labor law posters, including those on the federal and state minimum wage. These posters must be updated each time the law is changed.
The best way for employers to keep labor law posters updated, is to subscribe to a compliance protection plan. For a nominal fee, these services will send employers updated posters whenever they are necessary. This service provides high-quality, durable, easy-to-read posters.
Employers should have updated their federal minimum wage posters federal minimum wage posters in July 2008, when the rate went from $5.85 to $6.55 per hour. The federal minimum wage will increase again on July 24, 2009, requiring employers to update their posters.
A number of states will increase the minimum wage on January 1, 2009. Some states have provisions that require cost-of-living adjustments to the state minimum wage. Because inflation including the cost of gas and food was high in 2008, these increase are higher than normal. For example, last year the Oregon minimum wage increased by 12 cents. This year, the increase is 45 cents.
The Florida minimum wage will increase by 42 cents from $6.79 to $7.21 per hour. The Missouri minimum wage will increase by 40 cents from $6.65 to $7.05 per hour. In Washington, the minimum wage increase of 48 cents will bring the state rate to $8.55 per hour – the highest in the nation.
One of the smallest minimum wage increases for the new year is the Colorado rate increase of 26 cents, from $7.02 to $7.28 per hour.
Other minimum wage increases are statutory, voted into law by citizens or the legislature. The largest minimum wage increase for January 1, 2009 is the $1.00 per hour increase in New Mexico, from $6.50 per hour to $7.50 per hour.
A number of minimum wage changes went into effect in 2008. Each of these requires that employers update their minimum wage posters.
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