Harry Wilmerding, DCNF
Over half of the states in the U.S. will institute a minimum wage increase in 2022, according to a report.
A total of 26 states will raise the minimum wage in 2022, with 22 of the states starting the pay hikes on Jan. 1, accordingto payroll experts at Wolters Kluwer Legal & Regulatory U.S.
“These minimum wage increases indicate moves toward ensuring a living wage for people across the country,” Deirdre Kennedy, senior payroll analyst at Wolters Kluwer, said in the report. “In addition to previously approved incremental increases, the change in presidential administration earlier this year and the ongoing coronavirus pandemic have also contributed to these changes.”
West Hollywood, California, will see the largest minimum wage increase, with hotel workers set to earn at least $17.64 per hour starting on Jan. 1, according to the report. California and New York have the highest minimum wages in the nation, $15 per hour.
Ten additional states, including Connecticut and Massachusetts, plan to hike their minimum wage to $15 per hour by 2023, according to the report. New Jersey targets a minimum wage hike by 2024, while Delaware, Illinois, Maryland and Rhode Island expect wages to increase by 2025.
Amazon has had a $15 per hour minimum wage since 2018, and it began offering new hires an average of $18 per hour in September, CNBC reported. Costco hiked its minimum wage to $17 an hour in October. T-Mobile also announced that it would pay its roughly 75,000 person workforce at least $20 an hour, CNBC reported.
“It’s a job-seekers’ market, which means competition to keep and find top talent is competitive — and as a great employer, we like it that way,” T-Mobile chief executive Mike Sievert wrote in a letter to employees announcing the latest increase, according to CNBC.
For licensing opportunities of our original content, please contact [email protected]
DONATE TO BIZPAC REVIEW
Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!
- Dems stuffed BILLIONS in reparations for black farmers in ‘Inflation Reduction Act’ - September 27, 2022
- ‘Hard to find people to work at night’: Struggling business owner laments many effects of crime spike - September 27, 2022
- Faulkner slams Hillary Clinton for perpetuating ‘strain of hate’ she started with deplorables - September 27, 2022
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.