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News June 21, 2018

Minimum wage set to increase

Minimum wages are set to rise in two states and 14 cities July 1, according to Bloomberg Law.

The federal minimum wage has been $7.25 since 2009, but state and local governments have enacted higher wage floors.

Maryland's minimum wage will increase to $10.10; Oregon will increase their wage floor to $10.50; San Francisco's wage floor will jump to $15 per hour; and Washington D.C. will raise their hourly rate to $13.25.

Los Angeles, Chicago, Minneapolis and Portland, Maine will also raise their wages.

Emeryville, Calif., will raise their minimum wage to $15.20 for companies with 56 or more employees and Seattle requires a minimum rate of $15.45 per hour if the employer doesn't offer medical benefits.

Businesses can establish their own minimum wage higher than what the law requires, known as starting wage. It can be a company policy or part of a collective bargaining agreement with a union.

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