With the new year comes raises in minimum wages, yet again. As reflected in the charts below, in 2024, minimum wage and, in applicable jurisdictions, tipped minimum wage will increase in 23 states and in a number of counties and cities.
Accordingly, employers with minimum wage workers (or tipped minimum wage workers) should consult with counsel to ensure that their compensation practices are compliant with the laws in all of the jurisdictions in which they operate.
Minimum Wage Increases
Tipped Minimum Wage Increases
As a reminder, employers in applicable jurisdictions may pay tipped employees a cash wage (or what is often referred to as a tipped minimum wage) below the relevant minimum wage if the employees’ tips, in addition to the cash wage, equal the required minimum wage. Accordingly, the tipped minimum wage will increase in the following jurisdictions this year.
[View source.]