Mid 2014 brings minimum wage increases to a number of locations. The hourly minimum wage rate is to increase July 1 in two states and the District of Columbia, with rate changes coming over the next few months in other states.

Wage rate increases that take effect July 1:

• California: The state’s hourly minimum wage rate is to  increase to $9 from $8 under legislation passed in 2013. The rate rises to $10 an hour Jan. 1, 2016.

• Nevada:  In general the hourly minimum wage rates and the daily overtime wage rates to take effect July 1 remain unchanged from the 2013 rates. However, new rules specify that the hourly wage rates as of July 1 is to remain $7.25 for employees who receive qualified health benefits from employers and be $8.25 for those who do not receive health benefits. Employees with qualified health benefits who earn less than $10.875 an hour and employees without those benefits who earn less than $12.375 an hour must be paid overtime when they work more than 8 hours in a 24-hour period. Nevada’s daily overtime requirement is in addition to the overtime requirement for all nonexempt employees who work more than 40 hours in a workweek.

• District of Columbia: The hourly minimum wage rate is to increase to $9.50 from $8.25 under legislation passed in January 2014. The rate rises to $10.50 on July 1, 2015, and to $11.50 on July 1, 2016, and is indexed to inflation starting July 1, 2017.

• Delaware: The hourly rate rose June 1, 2014, to $7.75 from $7.25.

• Minnesota: The hourly rate is to increase to $8 from $6.15 on Aug. 1, 2014. Other increases include the rate for small employers, to $6.50 from $5.25; the 90-day training wage for those ages 18 and 19, to $6.50 from $4.90; and a $6.50 youth wage was established for workers younger than 18 under legislation was passed April 14. On Jan. 1, 2018, the wage is to be indexed to inflation.

• Michigan: The hourly rate is to rise to $8.15 from $7.40 on Sept. 1, 2014, under legislation signed May 27. The rate rises to $8.50 on Jan. 1, 2016; to $8.90 on Jan. 1, 2017; to $9.25 on Jan. 1, 2018. The rate is to be indexed for inflation starting in 2019.

 

About Time & Pay:

Time & Pay is a professional payroll service provider located in Johnson City, TN. We service businesses of all sizes and types throughout the United States. Founded in 1992, Time & Pay provides businesses with complete payroll services , guaranteed payroll tax compliance, automated time and attendance systems and services, pay-as-you-go worker’s comphuman resource management systems and services, and more. We provide our customers with the cost effective tools you need to better manage your payroll, your employees and your business. Time & Pay’s services guarantee you will save money, time and aggravation and we back them up with the customer service you expect and deserve. Contact us today to learn why business owners throughout the country are saying:

“Time & Pay! Why would you do payroll and timekeeping any other way?”

Offices:
Payroll Services  in Johnson City, TN   423-854-9042
Payroll Services in  Knoxville, TN   423-957-9505
Payroll Services in Chattanooga, TN  423-794-7855