What is the minimum wage?
The minimum wage is the starting hourly wage an employer can pay an employee for work. Currently, the federal minimum wage is $7.25 an hour (part of the Fair Labor Standards Act). Some states and cities have raised their minimum wage higher than that. In most instances, the higher of the prevailing minimum wage requirements is binding for employers.
December 8, 2023
The New Year Brings EPI’s 2024 Minimum Wage Update Report
New York
December 1, 2023
New York Should Save What’s Left of Its Tip Credit
In recent years, New York’s decision to slash its tip credit and increase its tipped minimum wage requirement has wreaked havoc on the restaurant industry. Data already shows that even…
November 17, 2023
The Year is Almost Over, But Minimum Wage Proposals Are Still Alive and Well
After a flurry of proposals on minimum wage hikes and tip credit elimination at the local, state, and federal levels this year, union activists aren’t done yet. Campaigns led by…
November 10, 2023
The (Not So) Happy Anniversary of Initiative 82 in DC
November 8 marked the one-year anniversary of District of Columbia voters passing Initiative 82, a ballot measure to eliminate the city’s tip credit. Ever since its passage, the…
November 3, 2023
One Fair Wage Grants Barely Cover One Employee’s Wages for Three Months
One Fair Wage, the union-funded group pushing states and cities around the country to eliminate their tip credits, often touts to lawmakers and media that switching to a flat…