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Will you be giving minimum wagers a raise soon?

employer refused to move start date
Renee Cocchi
by Renee Cocchi
February 12, 2021
1 minute read
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If your firm employees any workers who make the minimum wage, take this as a warning: Democrats in the House and Senate reintroduced the bill to raise the U.S. minimum wage to $15 per hour. 

The last time the minimum wage was increased was 2009.

Possible changes

The Raise the Wage Act of 2021 would:

  • increase the pay floor gradually to $15 an hour nationwide by 2025
  • tie future increases to median wage growth
  • ensure tipped workers are paid the full federal minimum wage
    by phasing out the subminimum wage for tipped workers
  • pay teen workers at least the full federal minimum wage by phasing out subminimum wage for youth workers, and
  • end subminimum wage certificates for workers with disabilities.

Preparations

There’s no time like the present to prepare for the possibility of a new minimum wage.

Take a good look at your expenses and budget now, and figure out how this might affect them in the near future.

Info: Raise the Wage: Fact Sheet

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