New year brings new minimum wage throughout NY

New year brings new minimum wage throughout NY

In eight states-Alaska, Florida, Minnesota, Montana, New Jersey, Ohio, South Dakota, and Vermont-the minimum wage automatically increases each year to keep pace with inflation. They said Seattle workers employed at low wages experienced a modest reduction in hours worked after the minimum wage increased, but nonetheless saw a net increase in average pretax earnings of $10 a week. But 29 of the 50 states, along with the District of Columbia, have their own minimum wage laws, and 42 municipalities or counties have minimum wages that are higher than the minimum in their state.

The business sector, which has opposed the Labor Ministry's argument based on the Supreme Court's ruling, claims that the increased working hours can raise the chances of violating the Minimum Wage Act.

And as New Jersey's new minimum rate notches in at $8.85, or 41 percent lower than the Big Apple's, CT is standing pat at $10.10 hourly.




Economic studies on minimum wage increases have shown that some workers do benefit, while others might see their work hours reduced. Few are there yet, but many states have ratcheted up wages through phased-in laws and adjustments for inflation. "But it's motivated many of them to accept that we need higher minimum wages than we now have in much of the country".

The state of NY put out a compliance hotline for employees to report any employee who is not following the change in law. This will complete the three-year phase-in of the $15 minimum wage, which was agreed to by Gov. Andrew Cuomo and state lawmakers in 2016.

The revised enforcement decree of the Minimum Wage Act takes effect starting Tuesday, following its approval by the Cabinet on Monday. "Those with children and in expensive states need even more". The government said it would give a six-month grace period to companies to change the wage structure.

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