Beginning Friday (July 24, 2009), millions of lowest wage-earners will be getting a bump-up in pay, while many already-struggle employers will have to face the burden of increased payroll costs.
Between 3 million and 5 million people will be affected by the minimum wage rise from $6.55 per hour to $7.25 per hour, says Secretary of Labor Hilda Solis.
However, this 70 cents increase will not apply to tipped employees, like bartenders and waitresses. They will get the same minimum wage that they got 18 years ago -- just $2.13 an hour.
Will this minimum wage increase really help millions of low-income workers?
Tags:
payroll,
business,
paycheck,
taxes,
hr,
hire,
wages,
accounting,
employement
Report as inappropriate

