Minimum Wage Increase 2024 Effective Dates. Two states, the district of columbia, and many local jurisdictions will increase their minimum wage rates on july 1, 2024. At least 22 states and nearly 40 local jurisdictions will increase their minimum wage rates on january 1, 2024.
Under the default policy based on the raise the wage act of 2023, the minimum hourly wage is $9.50 in 2024, $11.00 in 2025, $12.50 in 2026, $14.00 in 2027,. As a result of recommendations made by the low pay commission, 2024 will see the largest ever increase to the national minimum wage (nmw).
The Recent Decision By The National Minimum Wage Commission, As Per The Agreement On February 29 Of This Year (Act No.
The national minimum wage increases to $915.90 per week or $24.10 per hour.
The Fair Work Ombudsman Reminds Employers They Should Pay A 3.75 Per Cent Minimum Wage Increase To Eligible Employees From The First Full Pay Period Starting On Or After Today, 1 July 2024.
Release table for 2024, release tables:
Minimum Wage Increase 2024 Effective Dates Images References :
The National Minimum Wage Increases To $915.90 Per Week Or $24.10 Per Hour.
Unless otherwise noted, the effective date of the minimum wage increase is january 1, 2024.
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The fair work ombudsman reminds employers they should pay a 3.75 per cent minimum wage increase to eligible employees from the first full pay period starting on or after today, 1 july 2024.