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Federal Minimum Wage goes to $6.55 per hour today |
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Categories: FAQ
If you have employees that earn the minimum wage, their hourly wage went up today to $6.55 per hour. Previously, the minimum wage under federal law was $5.85 per hour. Effective today, July 24, 2008, it has been raised to $6.55 per hour and you should adjust your payroll accordingly. It is also worth noting that the minimum wage will rise to $7.25 per hour next year.
Posted: July 24th, 2008 at 8:24 am | | Email Post |
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