14: Minimum Wage Run-Down
What’s the latest trend in minimum wage? There are significant changes in the minimum wage at both the state and local level in 2016. Fast Facts Minimum wage was established 1938 as part of the Fair Labor Standards Act (FLSA). Back then, the rate was 25 cents an hour. The last minimum wage increase occurred in 2007.…
About the author, Thomas
I have 20 of years insurance industry experience in C-level management, focusing on all aspects of workers compensation, risk management, loss control, employee benefits, HR, payroll and professional employer organization (“PEO”) operations. Currently, I am the owner and CEO of Humanly HR, and founder and host of SmallBiz Brainiac; a podcast providing employer intelligence to small business owners.