Federal Minimum Wage

Minimum Increases July 24

Federal minimum wage will increase again on July 24, 2008 to $6.55.  This is the second of the 3 step increase put in place in 2007.  July 24, 2009 the federal minimum wage will increase again to $7.25.

In addition employers need to check the state minimum wage and compensate employees the higher of the two wages.  For example, in Colorado the state minimum wage is $7.02, so employers are required to pay at least $7.02 per hour.

For up to date posters or additional information on wage requirements contact StaffScapes, your Human Resourse Solution Center.  www.staffscapes.com or  303-466-7864.