Some states see minimum wage increases starting 2013
The Fair Labor Standards Act (FLSA) set minimum wage at 38 cents when it was first established in 1938. Since then, it has been raised 28 times on a national level, bringing the lowest acceptable wage up to $7.25 per hour.
Several states have set even higher standards for employees. California, Washington, Montana, Nevada, Oregon, Colorado, New Mexico, Arizona, Florida, Illinois, Michigan, Ohio, Maine, Vermont, Massachusetts, Connecticut and Rhode Island all have minimum wage rates higher than those set by the federal government.
Starting January 1, 2013, some of those states will see even further minimum wage hikes that ensure employees are receiving wages that reflect inflation and rising costs of living. For the sixth year in a row, Montana's minimum wage will increase. This year, employee will receive an additional 15 cents for every hour they work, which translates to approximately $300 extra each year.
"The people who are making minimum wage are operating at the fringe of the poverty level,"Anne Finch-Johnston, owner of Second Edition Books in Butte, told KTVM-TV. "Those of us who are not at poverty level don't understand the difference $300 can make. You're mostly one accident, one severe illness, one broken-down car away from not being able to function."
As minimum wage increases take effect, employers will have to ensure their payroll processing equipment factors in the additional wages for employee attendance.
Several states have set even higher standards for employees. California, Washington, Montana, Nevada, Oregon, Colorado, New Mexico, Arizona, Florida, Illinois, Michigan, Ohio, Maine, Vermont, Massachusetts, Connecticut and Rhode Island all have minimum wage rates higher than those set by the federal government.
Starting January 1, 2013, some of those states will see even further minimum wage hikes that ensure employees are receiving wages that reflect inflation and rising costs of living. For the sixth year in a row, Montana's minimum wage will increase. This year, employee will receive an additional 15 cents for every hour they work, which translates to approximately $300 extra each year.
"The people who are making minimum wage are operating at the fringe of the poverty level,"Anne Finch-Johnston, owner of Second Edition Books in Butte, told KTVM-TV. "Those of us who are not at poverty level don't understand the difference $300 can make. You're mostly one accident, one severe illness, one broken-down car away from not being able to function."
As minimum wage increases take effect, employers will have to ensure their payroll processing equipment factors in the additional wages for employee attendance.
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