How federal minimum-wage increase affects Minnesota businesses
Federal
minimum-wage increase effective July 24, 2009
The federal minimum-wage to be paid by covered employers is $7.25 an hour effective July 24, 2009. These
employers include:
- businesses that produce or handle goods for interstate commerce;
- businesses with annual dollar volume of business of $500,000 or more;
and
- certain other businesses, including hospitals and nursing homes, private
and public schools, and federal, state and local government agencies.
There are both state-minimum-wage laws and federal-minimum-wage laws. In
cases where an employee is subject to both the state and federal minimum-wage
laws, the employee is entitled to the higher of the two minimum wages.
| Applicability July 24, 2009 |
Wage |
|
Training wage |
may be paid
to new employees under the age of 20 during their first 90 days of employment |
$4.90 |
|
Small employers |
annual sales
volume of less than $500,000 and not engaged in interstate commerce |
$5.25 |
|
Federally covered employers |
businesses
with annual dollar volume of business of $500,000 or engaged in interstate
commerce |
$7.25 |
| Visit
www.dol.gov or call (612) 370-3341
for information about the federal minimum-wage law. |
|
Filing a complaint