As we approach July 2024, it’s crucial for employers to stay informed about the latest minimum wage updates. Changes in minimum wage laws can significantly impact your payroll, budgeting, and overall business operations. These increases are effective for all of your non-exempt employees and must be implemented on or before any work done on July 1st. Please see below for updated State and Local minimum wage increases for July 1, 2024.
Preparing for the Minimum Wage Changes
As an employer, it’s essential to proactively prepare for these minimum wage updates to ensure compliance and avoid potential legal issues. Here are some steps you can take:
Audit Your Current Payroll System: Review your payroll system to identify employees whose wages need adjustment to comply with the new minimum wage laws.
Update Employee Wages: Adjust the wages of affected employees to meet or exceed the new minimum wage requirements.
Communicate Changes: Inform your employees about the upcoming wage increases. Clear communication can help manage expectations and maintain morale.
Review Local Regulations: Ensure that you are compliant with both state and local minimum wage laws, as some municipalities have higher requirements than the state minimum.
Consult with HR Professionals: If you need assistance, consider consulting with HR experts. Guardian HR can help you navigate these changes and ensure compliance.
State Minimum Wage Increases
The following table covers minimum wage increases for all applicable states. Unless otherwise noted, all rates are effective July 1st, 2024. Some states adjust their wages annually for inflation.
STATE | HOURLY MINIMUM WAGE RATE, EFFECTIVE 7/1/2024 |
District of Columbia | $17.50 |
Florida | $13.00, effective 9/1/24 |
Nevada | $12.00 |
Puerto Rico | $10.50 |
Local Minimum Wage Increases
Several cities and counties are also increasing their minimum wage effective July 1st, 2024. Where the location separates micro, small, mid-size, large employers, we have linked their DOL site for definitions.
STATE | HOURLY MINIMUM WAGE RATE, EFFECTIVE 7/1/2024 |
Alameda, CA | $17.00 |
Berkeley, CA | $18.07 for each hour worked in the city |
Emeryville, CA | $19.36 |
Fremont, CA | $17.30 |
Los Angeles County, CA | $17.27 |
Los Angeles, CA | $17.28 |
Malibu, CA | $17.27 |
Milpitas, CA | $17.70 |
Pasadena, CA | $17.50 |
San Francisco, CA | $18.67 |
Santa Monica, CA | $17.27 |
Chicago, IL | $16.20 for employers with 4 or more employees |
Cook County, IL | $14.05 |
$17.15 – large employers $15.50 – mid-size employers $15.00 – small employers | |
Minneapolis, MN | $15.57 |
$15.57 – large employers $14.00 – small employers $12.25 – micro employers | |
Portland, OR | $15.95 |
Rural Counties, OR | $13.70 in rural counties (see link for list) $14.70 in all other “standard” counties |
Renton, WA | $20.29 for large employers w/ more than 500 $18.29 for mid-size employers or have an annual gross of $2 million+ |
$19.29 – small employers $20.29 – large employers |
How Guardian HR Can Assist
At Guardian HR, we provide comprehensive HR support to help you stay compliant with minimum wage laws. Our team of experts can assist you in ensuring accurate wage adjustments and communicating changes to your employees. By partnering with Guardian HR, you can focus on running your business while we handle the complexities of HR compliance.
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