For the first time since 1997, the federal minimum wage will go up on July 24, 2007. The Fair Minimum Wage Act of 2007 will increase the federal minimum wage to $5.85 on July 24. On the one year anniversary, July 24, 2008, the minimum wage will increase to $6.55. And on the two year anniversary, July 24, 2009, the minimum wage will increase to $7.25.
The Federal minimum wage laws are more strigent than Georgia's laws. Thus, Georgia employers will have to raise the hourly rate of minimum-wage employees to at least $5.85 an hour.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment