Rojgar Job News

Earlier this morning (Friday, May 17th), the state Senate approved of a measure that will increase the state’s minimum wage to $15 per hour by 2023. House Bill 5004 (as amended) can be downloaded here. The bill had previously passed the House and now moves to the Governor’s office where he is expected to sign it. There are several key components to the bill that are important for employers. YEARLY INCREASES TO MINIMUM WAGE The bill increases the minimum wage from the current level of $10.10 per hour as follows: $11.00 on October 1, 2019 $12.00 on September 1, 2020 $13.00 on August 1, 2021 $14.00 on July 1, 2022 $15.00 on June 1, 2023 But perhaps even more importantly, beginning January 1, 2024, it indexes future annual minimum wage changes to the federal employment cost index for “wages and salaries for all civilian workers”.  (As of the March 2019 ECI, the compensation costs increased 2.8 percent, by way of example) TRAINING WAGES Starting October 1, 2019, ...