Minimum wage hikes, pay transparency pushes and escalating expectations are just a few reasons pay will be a challenge in 2023.
will raise its minimum wage to $15 on June 1, 2023, with annual indexing beginning Jan. 1, 2024.increases to $11.75 on Jan. 1, 2023, with future increases to $13.25 in 2024 and $15 in 2025. minimum wage will increase to $12 on Sept. 30, 2023, and then by $1 a year until reaching $15 in 2026; after that Florida will resume annual indexing.Maine increases to $13.25 on Jan. 1, 2023, with future increases to $14 in 2024 and $15 in 2025. Small businesses with fewer than 15 employees reach $12.
increases to $14.13 on Jan. 1, 2023 and $15 in 2024, and then is indexed. For businesses with less than six employees, it goes to $12.93 on Jan. 1, 2023 and rises to $15 by 2026, with further increases to reach parity with the regular minimum wage in 2028.minimum wage is scheduled to increase on July 1, 2023 to $11.25 for employers who do not offer qualifying health insurance and $10.25 for those who do provide health insurance.
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