The federal minimum wage went up 70 cents an hour on Thursday, July 24, 2008 from $5.25 an hour to $6.55. If you are like most employers, the wage increase requirement will not have a direct effect — only two percent of hourly wage earners are paid at the federal minimum, according to the Bureau of Labor Statistics.
Your state may have a requirement for a higher minimum wage. But five states – Alabama, Louisiana, Mississippi, South Carolina, and Tennessee — don’t have their own required minimum wage and in eight states the state requirement is now lower, so the federal $6.55 rate will prevail. The highest mandated minimum wage rate of $8.07 is in Washington state.
Federal and state laws require employers to post notices of minimum wages and a host of other regulations that affect employment. If your federal wage and hour poster starts with the minimum wage effective July 24, 2007, and includes the July 24, 2008 rate and the July 24, 2009 rate, you have the current poster. You can buy these posters from a number of vendors. They may not be expensive but the cost will add up if you have multiple locations. Federal and state agencies supply copies of all of the required posters and information to direct you to poster requirements.
A good place to start your poster search is the Workplace Poster page on www.business.gov. There you will find links to all of the requirements and list of state links to help identify needs based upon your location. The First Step Poster Advisor asks a series of specific questions about your organization to identify the posters you need. The federal wage and hour poster that includes minimum wage requirements is even available from the Employment Standards administration in English, Spanish, Chinese, Russian, and Thai.
Complying with this requirement should be as easy as a few mouse clicks and a few pages of print.