Minimum wage rises to $10.40 an hour on path toward $15

Robyn Ryan
January 1, 2018

As a broader minimum wage increase for NY workers goes into effect Sunday, fast-food workers in the state will be getting a raise, too. Cuomo estimates more than 2.3 million people will benefit from the wage increase. The increases were spread out over a few years to give businesses time to adjust.

The minimum wage is scheduled to increase each December 31 until it reaches $15 per hour as part of an effort pushed by Gov. Andrew M. Cuomo.

ME is one of 18 states, including three in New England, raising wages in January.

It's no secret that the minimum wage has not kept up with the rising cost of living. If pay rates had increased in parallel with those of chief executives, then it should have been £12.74 an hour, which works out to nearly £12,000 more than people are now paid. Likewise, mentoring and training allows employees the chance to rise in the ranks. Lawmakers later changed the law to only require employers to make up the difference when tips don't exceed the minimum wage. The increase will be phased in over a longer period for workers in the rest of the state.

Horrigan said phasing in the increases will be beneficial to businesses as it allows them to adapt.

However, the minimum wage increases only apply to restaurants that are part of a chain of 30 or more locations nationwide.

Wendy Block is a spokeswoman with the Michigan Chamber of Commerce.

Hardworking New Yorkers shouldn't have to worry about whether they'll have enough money to put food on the table or if they'll be able to pay the rent or mortgage at the end of the month. For example, since 2016 the minimum wage has increased 14.5% and is scheduled to continue to increase through 2021.

Beginning New Year's Day, a new family leave policy will take effect, allowing job-protected paid time off for new parents, caretakers, and family members of active military personnel serving overseas. The new employee scheduling regulations that are now in a public comment period, adds additional costs, paperwork and scheduling challenges to the backs of employers.

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