It's time again for a look at scheduled state- and local-level wage increases that will take effect on January 1, 2024, along with some rate changes that occurred in late 2023 before publication. Employers can use this information to determine the minimum amount they must pay non-exempt, tipped, and certain exempt employees. Before we chart out these rates, we briefly highlight some notable rate-related developments that occurred in the second half of 2023 and discuss how inflation still impacts minimum pay standards. Pending or future legislation might change rates that will apply in 2024, so we recommend employers monitor legislative developments and consult with counsel to confirm rates did not change since publication. |
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