Florida minimum wage set to rise Monday

Posted January 01, 2018

There's some good news for Ohio's minimum wage workers.

The minimum wage is slowly being increased to $15 an hour in NY.

"The minimum wage increase, new paid family leave requirements and the state's proposed employee scheduling regulations are concerning to employers in the area", he said.

The new minimum wage would result in an Irish worker taking home a gross income of €1,613.95 per month, and €1,521.57 after tax.

Workers who receive tips will get a wage increase from $4.08 an hour to $4.15. This is the third increase for fast-food employees in NY since a state wage board recommended the pay raises in 2015.

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For workers employed by small businesses, it would increase to $15 by December 31, 2019. Of the 13 states that raised their minimum wage in 2014, 12 saw employment growth.[4] When employees believe they are being adequately compensated for their hard work, businesses see better productivity and decreased turnover. Businesses have stated that if they pay less than $15 an hour, they have retention issues. Each year, the wage is to increase with a rate of inflation.

There is also a misconception that those working minimum wage jobs are mostly young people, but that's not true. An establishment is considered a fast food restaurant if it "offers limited service where customers order and pay before eating, including restaurants with tables but without full table service and places that only provide take-out service", according to the state Department of Labor.

The minimum wage rule also applies to local chains that operate at least 30 locations in NY. When the wages increase, it makes it "cost effective" for employers to look for alternatives like self-check outs and other automated systems.

Gov. Andrew Cuomo signed legislation - passed in 2016 - giving a minimum wage increase to workers employed by big businesses each year until it reaches $15 by December 31, 2018.

Starting Monday, small companies - those with 25 or fewer employees - will have to pay workers at least $10.50 an hour, up from $10.