Beginning January 1, 2015, the minimum wage in New Jersey is $8.38 per hour, up from $8.25 per hour. This pay hike is the result of the November 2013 voter-approved state constitutional amendment that requires that New Jersey’s minimum wage be adjusted annually to reflect any percentage increase of the consumer price index for all urban wage earners and clerical workers (CPI-W) for the prior year. Because the CPI-W increased by 1.59 percent from August 2013 to August 2014, the state minimum wage for 2015 was raised by 1.59 percent, or thirteen cents per hour.
On January 1, 2015, the minimum wage for employees working in Florida rises to $8.05 per hour. This represents an hourly increase of $0.12 over the current Florida minimum wage. The increase is tied to the rate of inflation over the prior year.
On January 1, 2015, the Missouri minimum wage will increase from $7.50 to $7.65 per hour and from $3.75 to $3.825 per hour for tipped employees. Compensation for tipped employees must total at least $7.65 per hour when tips are calculated. The Missouri minimum wage law governs Missouri businesses except retail and service businesses whose annual gross sales are less than $500,000.
On Tuesday, San Franciscans overwhelmingly voted to raise the City’s minimum wage to $15.00 over the next few years. The San Francisco current minimum wage of $10.74 is already higher than both the federal minimum wage of $7.25 and California’s minimum wage of $9.00. Under the new law, wages will rise to $11.05 on January 1, 2015, then to $12.25 in May 2015, before increasing every year until they reach $15.00 in 2018.
As previously discussed on this blog, in recent months many state and local governments have aggressively moved to raise the minimum wage. The City of Seattle joined these ranks on Monday when its city counsel unanimously approved an ordinance raising the minimum wage to $15.00 an hour, the highest for any metropolis in the country. The minimum wage increase in Seattle will be phased over differing lengths of time depending on the size and type of the employer. For employers with less than 500 employees the minimum wage increase will be phased in over the next seven years, while for larger businesses and franchises the increase will be phased in over the next three years; for those businesses and franchises falling into the latter group that also offer health insurance this phasing in process will be extended to four years. The ordinance also includes an exception that allows employers to pay a lower training wage to teenagers.