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Consolidated State Minimum Wage Table. (Effective Date: July 1, 2024) Greater than federal MW Equals federal MW of $7.25 No state MW or state MW is lower than $7.25. Employers covered by the FLSA must pay the federal MW of $7.25. AK $11.73 CNMI AL AR $11.00 GA AZ $14.35 IA LA CA $16.00 ID MS CO $14.42 IN SC CT $15.69 KS TN DC $17.50 KY WY DE $13.25
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Effective January 1, 2025, the minimum wage increased to $15.01 and the tipped minimum wage increased to $7.01. In future years, the state minimum wage will be indexed to increase with inflation. Virginia: $12.41 [308] $2.13 The minimum wage in Virginia increased from $11.00 to $12.00 on January 1, 2023. [308]
Starting in 2025, 401(k) and 403(b) plans established after Dec. 29, 2022, must automatically enroll all eligible employees at a default deferral rate of between 3% and 10% of their salary, and ...
Shirshikov added that if policies are reinstated starting in 2025, “we might see increased business expansion and job creation, particularly in sectors like manufacturing, construction, and ...
In June 2015 the Department of Labor proposed raising "the salary threshold from $455 a week (the equivalent of $23,660 a year) to about $970 a week ($50,440 a year) in 2016" [32] On May 18, 2016, the Final rule updating the overtime regulations was announced. Effective December 1, 2016 it says:
Initially, the state Office of Financial Management estimated the budget shortfall between 2025-2029 could be between $10-12 billion. However, an official from Washington’s operating budget ...
The state constitution allows both houses to write their own rules of procedure (article II, section 9) and to elect their own officers (article II, section 10) with the proviso that the lieutenant governor may preside in each house and has a deciding vote in the Senate, but that the Senate may choose a "temporary president" in the absence of the lieutenant governor.