Posted on July 7, 2009 by Keith R. McMurdy

Minimum Wage Set to Increase on 7/24/09

Though not technically an "employee benefits" topic, it is important to note that the federal minimum wage is set to increase to $7.25 pr hour on July 24, 2009.  For benefit plan structures that are impacted by wage rates, this may have an immediate impact that will have to be addressed.

For the US Department of Labor list of minimum wage rates per state, click here.

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