Minimum wage earners in NY and New Jersey are in for a raise with the new year.
Under a state constitutional amendment passed by voters in 2004, the Florida Department of Economic Opportunity adjusts the wage each year based on changes in a federal consumer price index.
Beginning Sunday, the state's minimum wage will increase to $13 an hour for employees at New York City businesses with at least 11 employees and $12 an hour for workers at New York City companies with no more than 10 employees.
The hikes are part of a plan to gradually increase the minimum wage for fast-food workers to $15 an hour.
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Gov. Andrew Cuomo included the wage increase in the 2016 Built To Lead Agenda. Under the new law, no locality could have a wage floor higher than the one mandated by the state.
In 2017, Ireland had the second highest rate of minimum wage of countries who have a minimum wage structure in the European Union, according to a report published by Eurostat earlier this month. "Wages continue to increase in Chautauqua County because we're continuing to see economic development". The disparity in pay is so great that those at the bottom of the wage ladder could be earning an additional £5.24 per hour if their pay had risen at the same rate over the last 20 years as the pay of FTSE 100 chief executives.
"We though are concerned about further efforts to increase that and make MI an even greater outlier in this area", says Block. The new employee scheduling regulations that are now in a public comment period, adds additional costs, paperwork and scheduling challenges to the backs of employers.