Federal Minimum Wage Information

October 24, 2008 at 4:45 pm Leave a comment

New Federal Minimum Wage:

$5.85 – July 24th, 2007
$6.55 – July 24th, 2008
$7.25 – July 24th, 2009

State Minimum Wage

Note: The rates below are for general informational purposes only and should not be used as legal or professional advice. Please contact your local state agency for more information regarding your State Minimum Wage.

The rates below are for the July 2008 increase.

State

Minimum Wage

State

Minimum Wage

$6.55
$7.15

$6.90
$6.25
$8.00
$7.02
$7.65
$7.15
$7.55
$6.79
$6.55
$7.25
$6.55
$7.75
$6.55
$7.25
$6.55
$6.55
$6.55
$7.00
$6.55
$8.00
$7.40
$5.25
$6.55
$6.65

$6.55
$6.55
$6.85
$7.25
$7.15
$6.50
$7.15
$6.55
$6.55
$7.00
$6.55
$7.95
$7.15
$6.55
$7.40
$6.55
$6.55
$5.85
$6.55
$6.55
$7.68
$6.55
$8.07
$7.25
$6.50
$6.55

*$5.25 rate are for companies w/less than $625,000 gross annual volume of sales or business. Businesses with more than $625,000 gross annual volume of sales or business will have a minimum wage rate of $6.15.
**$6.85 rate are for businesses that do not offer health insurance coverage to employees and $5.85 for businesses that offer health insurance.
***$6.65 rate are for businesses that employ less than 10 full-time employees.