Federal Minimum Wage Update - July 3, 2007
The U.S. Department of Labor, Wage and Hour Division, has issued the new federal minimum wage poster reflecting the recently passed increase in the federal minimum wage.
According to the Wage and Hour Division website, “every employer of employees subject to the Fair Labor Standard Act’s minimum wage provisions must post, and keep posted, a notice explaining the Act in a conspicuous place in all of their establishments so as to permit employees to readily read it.”
Under the new legislation, the minimum wage will increase from $5.15 to $7.25 in three steps over the next two years. The first increase to $5.85 goes into effect July 24 (60 days after the bill was signed into law). The next increase to $6.55 will occur one year later (July 24, 2008) with the final increase to $7.25 two years later (July 24, 2009).
Wisconsin - June 2006 - Family Medical Leave
Illinios - June 2007 - Minimum Wage
Increase to $7.50 per hour, effective 7/1/07
New minimum wage rate for new employees and employees under 18
Tipped employees may be paid 60% of the hourly minimum wage