Some states plan yearly increases, while others maintain the federal minimum wage of $7.25, unchanged since 2009. However, in 2025, over 20 states have implemented further increases. To assist businesses in staying updated with these changes, we’ve compiled a detailed minimum wage rate by state...
For over a decade, the federal minimum wage has remained stagnant at $7.25 an hour. While this has provided stability for some businesses, many states have taken it upon themselves to introduce higher state minimum wages, especially as we soon head into 2025. Table of contents Federal Minimum ...
John WagnerMatthew Mosk
Washington hasthe highest minimum wagerate of any state, at $15.74, which is up from the $14.49 threshold it set in 2022. California comes in second highestat $15.50, a 50 cent increase over 2022. Washington, D.C. has the highest overall minimum wage at $16.10. D.C.’s wage will r...
In fact, workers in six states — California, Connecticut, Maryland, New Jersey, New York and Washington — will be guaranteed baseline pay that's more than twice that of the federal minimum wage. Some cities next year will also boost their minimum wage above the statewide level. Denver, fo...
In the new year, 27 states will see an increase in their minimum wage. Most will take effect on January 1, but others will have to wait further into 2023. Washington has the highest minimum wage rate of any state, at $15.74, which is up from the $14.49 threshold it set in 2022....
wage in a state can be higher than the amount agreed at a federal level, but in effect, it can not be below this threshold. Knowing the minimum wage for the state you intend to move to can help you figure out the balance between wages and costs of living in the area that interests ...
Maryland The minimum wage in Maryland will increase by 90 cents at the beginning of 2020, increasing to $11 per hour. The state is aiming for a $15 minimum wage by 2025. GET FOX BUSINESS ON THE GO BY CLICKING HERE Missouri After an 85-cent increase, workers in Missouri will see pay ...
Maryland's minimum wage will be set at $15 an hour. In New Jersey, it will be $15.13 an hour for most employees. In Connecticut, $15.69 per hour. In New York City, $16 an hour, though it will be $15 in most of the rest of the state. California's statewide minimum wage also ...
Minimum wage laws can affect businesses of all sizes, whether operating nationwide, in multiple jurisdictions, or only in one state, county, or city.