Earlier today, I got an urgent email warning me about the recent minimum wage hike.
The Fair Labor Standards Act increased the federal minimum wage in three steps:
- July 24, 2007, $5.85 per hour
- July 24, 2008, $6.55 per hour
- July 24, 2009, $7.25 per hour
If you have employees in your store making minimum wage, you MUST increase their pay rate immediately! If you have already paid them for time worked after July 24 you must calculate the difference between their old rate and the new rate and give them a paycheck to make up the difference!
Heads up – You should only have to do this if you are an idiot.