Get expert advice and helpful best practices so you can stay ahead of the latest HR trends. The current minimum wage is $21.38 per hour, but the new minimum wage will be $23.23 per hour, which represents an increase of $1.85 an hour (+8.65 per cent). "But that same latitude does not apply in Oxford, Mississippi. This information often may be found at the websites maintained by State labor departments. However, some states do have laws under which such claims (sometimes including fringe benefits) may be filed. Age 21 to 22 - 10.18. The NLW and NMW rates effective from 1 April 2023 are shown below. Links to these websites are available atwww.dol.gov/agencies/whd/state/contacts. Check out this guided tour to see for yourself how our platform works. Current rate (from 1 April 2023) Age 23 or over (National Living Wage) 10.42: Age 21 to 22: 10.18: Age 18 to 20: 7.49: Under 18: 5.28: Apprentice: The Government has set a target for the National Living Wage (NLW) to reach two-thirds of median hourly pay by October 2024. .manual-search-block #edit-actions--2 {order:2;} Learn more in our Library article Trainee rates in the National Training Wage schedule. The District of Columbia has the highest minimum wage at $16.10/hour. 855-565-3285, 2023 Paycor, Inc | Refer Paycor | Privacy Policy | 1-800-501-9462 | The .gov means its official. Find benefits solutions that engage your employees and manage costs that hinder your growth. Intuitive software to help pay employees accurately and on time. Minimum Wage by State: Base Pay Rising in Over Half of US States in 2023 Consolidated Minimum Wage Table | U.S. Department of Labor Access collaboration tools and resources that help champion equality and promote DE&I best practices in the workplace. The evidence that should support future policy decisions. As a result of the 2023 AWRdecision, some minimum award wages may now be less than the National Minimum Wage. 2023-07-06 The reorganization was designed to address redundancies in regional bureaucracies and to reduce costs. The Department of Employment and Labour has Gazetted the National Minimum Wage for the 2023 to 2024 period. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. What is the Minimum Wage for Workers Who Receive Tips? The National Minimum Wage is the amount workers under 23 (but of school-leaving age) are entitled to. Our team of experienced sales professionals are a phone call away. For more information, see Increase to the application fees for 2023-24. Attract top talent, develop employees, and make better decisions with actionable data. 2023 Guide to the Australian Minimum Wage for Employers Personal Finance, Government and Policy, Consumer Affairs, a $15 minimum wage for federal contractors, the Center for Economic and Policy Research, the Department of Health and Human Services, 2021 report by the Congressional Budget Office, Do Not Sell or Share My Personal Information. This will remain open until 9June. We pay our respect to them and their cultures, and Elders, past, present and future. The government is expected to accept a recommendation that the national living wage should increase by 9.5%, as wage growth continues to lag behind the cost of living. The Government increased the minimum wage and NLW amounts on April 1, 2023. [CDATA[/* >