New York Minimum Wage Increase 2009

July 10th, 2009 Posted by Jolie

The New York minimum wage will increase by 10 cents from $7.15 to $7.25 on July 24, 2009. Many employers point out that a dime an hour will have little impact for employees, but be a major annoyance for employers.

 

For one thing, every New York employer has to update his or her state and federal minimum wage posters on that date.

 

However, there is no way to avoid this increase. Under state law, the New York minimum wage cannot be lower than the federal minimum wage. On July 24, 2009 the federal minimum wage increases from $6.55 per hour to $7.25 per hour under the FLSA.

 

The federal Fair Labor Standards Act  or FLSA covers employers that engage in interstate commerce and companies with an annual revenue of at least $500,000. These employers are required by FLSA to pay their workers the federal minimum wage.

 

In 2007, the federal minimum rose from $5.15 to $5.85 per hour. In 2008, the federal rate rose by again to $6.55 per hour. On July 24, 2009, the federal minimum wage will again increase by 70 cents from the $6.55 per hour to $7.25 per hour. (more…)

2009 Minimum Wage Posters

November 14th, 2008 Posted by Madison

Employers 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 (more…)

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