ARIZONA, FLORIDA Announce Minimum Wage Rate Increase for 2015

The Industrial Commission of Arizona announced on Oct 17 that Arizona’s hourly minimum wage rate will increase to $8.05 from $7.90 effective Jan. 1, 2015.

Florida’s Department of Economic Opportunity announced on Oct 15 that the state’s hourly minimum wage rate will increase to $8.05 from $7.93 and to $5.03 from $4.91 for tipped employees, based on a tip credit of $3.02.

Florida and Arizona are among the states that annually review hourly minimum-wage rates for inflation-related adjustments to take effect Jan. 1. Rate increases for Missouri, Montana, New Jersey, Ohio, Oregon and Washington were announced within the last three months.

States that passed measures to raise their hourly minimum wage rates effective Jan. 1, 2015, include Connecticut, Hawaii, Maryland, Massachusetts, Rhode Island, Vermont and West Virginia.

New York will raise its hourly minimum wage rate to $8.75 from $8, effective Dec. 31, 2014, in the second of three annual rate increases enacted March 29, 2013. The final increase from $8.75 to $9.00 per hour will take place Dec. 31, 2015.

 

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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:

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