Here is a handy summary of the minimum wage increases applicable to most employers in the coming year.
Legislation has been introduced that would ultimately more-than-double the FLSA's minimum wage from today's $7.25 an hour to $15 an hour.
What might be the tradeoff for groundbreaking FLSA minimum-wage increases?
Why hasn't the FLSA minimum wage increased to a level more than 450% higher than it is?
Now that the election is behind us, employers should consider what they might anticipate in the field of wage-hour law.
Proponents have undertaken a broad-based, coordinated, and intensive effort to increase the FLSA's minimum wage to $9.80 per hour and beyond.
A bill introduced last week would raise the federal Fair Labor Standards Act's minimum wage to $10.00 per hour.
If a 35% spike in the FLSA minimum wage, a $590-per-week increase in the salary amount required for exempt "white collar" workers, an immediate 41% rise in the cash wage required for tipped employees, and a new paid-time-off requirement are prescriptions for an economic upturn, then help might be on the way.