Get Ready for Updated State Minimum Wage Rates: July 1, 2023
Eagan, Minn. – Employers across the U.S. are gearing up for the upcoming changes to state minimum wage rates, many set to take effect July 1, 2023.
As this significant date approaches, it is crucial for employers with multiple locations to stay informed about the evolving rates in various states.
While the majority of minimum wage rate increases occur at the city and county levels on July 1 each year, there are a few states where employers should pay close attention to updates. With states like Connecticut, which updated June 1, and Florida (Sept. 30), employers with locations in multiple jurisdictions should be aware of new rates in multiple states.
The following states, along with Washington, D.C., will see (or already have seen) updated minimum wage rates:
- Connecticut
- Florida
- Nevada
- Oregon
- Washington, D.C.
Of course, employers that operate across the U.S. should always keep an eye out for new laws. Take Maryland minimum wage as a recent example of how rates can change at a moment’s notice. And it is worth mentioning that some new minimum wage rates, across many jurisdictions, will require employers to display an updated labor law poster.
It is crucial to note that each state has its own nuances when it comes to the new rates. For instance, Connecticut’s minimum wage update occurred earlier, effective June 1, 2023, when it hit the $15 threshold for standard rates.
Nevada, on the other hand, has separate rates depending on whether employees are offered health benefits, with July 1, 2023, rates set at $10.25 and $11.25, respectively. (However, that provision will go away in 2024 following a successful 2022 ballot measure.)
Oregon’s minimum wage rates vary by county, with higher rates in more densely populated areas. Effective July 1, 2023, rates range from $15.45 in the Portland metro area to $13.20 in non-urban areas. However, the rates don’t perfectly align by county. Find more detailed information about Oregon minimum wage.
The situation in Oregon also underscores another aspect of employment law: the potential pitfalls for using addresses and ZIP codes to apply minimum wage rates.
Washington, D.C., has a standard rate of $17, while tipped employees will receive a minimum wage of $8, effective July 1, 2023. Still, the nation’s capital also saw an odd situation this year due to a delay in the appointment of a new Speaker of the House.
Lastly, Florida’s minimum wage increases Sept. 30, 2023, with a standard rate of $12 and a tipped wage of $8.98.
Employment law compliance can be challenging and complex, especially with the ever-changing minimum wage rates across jurisdictions. To assist employers in navigating these changes, GovDocs provides a minimum wage solution that simplifies the process of tracking, applying and communicating minimum wage rates according to specific business locations.
For more comprehensive information on the upcoming minimum wage updates and trends, GovDocs is hosting a webinar, “Midyear 2023: Minimum Wage Updates and Trends,” on Wednesday, June 14. The webinar will cover the rate increases and other relevant 3024499 wage-related news, including industry-specific wages and exemptions from the FLSA Minimum Wage and Overtime Requirements. After June 14, the webinar recording will be available on govdocs.com.
Lastly, find information for smaller jurisdictions in the following guide: County and City Minimum Wage Rates.
About GovDocs
GovDocs simplifies employment law compliance for large employers in the U.S. and Canada. The GovDocs software program integrates three solutions in one convenient place to help master the employment laws impacting businesses. Whether businesses manage labor law posters, minimum wage or paid leave programs, their products cut through research time, provide proactive insights into the ever changing landscape of employment laws and reduce the risk of noncompliance. The company is headquartered in Eagan, Minn.
The GovDocs Poster Store simplifies posting compliance for employers with less than 30 locations across all industries, offering a variety of posting products to meet their labor law compliance needs.
GovDocs Employment Law News is intended for market awareness only, it is not to be used for legal advice or counsel.
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