This is a reminder that, effective July 24, 2008, the federal minimum wage rate for covered non-exempt employees will increase from $5.85 per hour to $6.55 per hour. This is the second of three increases required by the 2007 Fair Minimum Wage Act, which amended the federal Fair Labor Standards Act (FLSA). The final increase, to $7.25 per hour, will take effect July 24, 2009.
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