In 2015, some states’ minimum wages will be increasing again:
- New York State minimum wage will increase to $8.75 per hour on December 31, 2014
- New Jersey minimum wage will increase to $8.38 per hour on January 1, 2015
- Connecticut minimum wage will increase to $9.15 per hour on January 1, 2015.
- Federal minimum wage will remain at $7.25 per hour for now.
Please note, if your state has a higher minimum wage than the Federal minimum wage, you are required to pay your employees at the higher hourly rate.