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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.



6/21/2018




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