Thursday, July 02, 2009

Minimum Wage Increase as of July 24, 2009

Pursuant to the 2007 amendments to the Fair Labor Standards Act, the federal minimum wage is set to increase from $6.55 per hour to $7.25 per hour effective Friday, July 24, 2009. This is the final increase authorized under the Fair Minimum Wage Act of 2007. Federal tip credit provisions remain the same, requiring $2.13 per hour for tipped employees. Likewise, federal youth wage requirements remain the same, at $4.25 per hour during the first 90 days of employment for individuals under 20 years of age.

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