
NEWS
FLASH 
MGM/Mirage gives their
Dealers a "raise" ONE YEAR in advance of the scheduled FEDERALLY
MANDATED minimum wage hike!
That's right! While some
Dealers received a raise of nearly 22%, $1.42 per hour (the
newest Dealers of the company), many
received a whopping $.08 raise (those with
the most years with the company. Loyalty counts!).
All Nevada employers are
scheduled to boost the minimum wage to $7.03 per hour on July 24, 2008 and then
to $7.73 per hour on July 24, 2009.
The MGM/Mirage Corporation
is a true "leader", kind of...

May 25, 2007 (updated June 1, 2007) |
EPI Issue Brief #234
What a new federal minimum wage
means for the states
by Liana
Fox
With the recent passage of a federal minimum wage bill, the
first national minimum wage increase in over a decade is imminent. This bill
will provide a wage boost for 12.5 million workers. Under the legislation, the
first step of the minimum wage increase—from $5.15 to $5.85—will go into
effect on July 24, 2007, 60 days after the president signed the bill. The
minimum wage continues to rise annually for two years under the legislation,
reaching $7.25 in 2009.
The interaction between the federal minimum wage and state minimum wages varies.
Currently, 33 states have passed minimum wage laws establishing higher wage
floors than the federal $5.15 level. Several of these states are in the midst of
phased-in minimum wage increases of their own, and some index their wages to
inflation. The federal phased-in hike will in some cases surpass state minimum
wages and in some cases not. By September 2009, the number of states with
minimum wages above the federal level will be down to 12, with several states
tied with the federal rate of $7.25.
The table below shows how the federal increase will impact
minimum wage workers state-by-state. The dates do not necessarily reflect
effective dates of change (which vary), but rather show what the operative
minimum wage in the state will be on the date specified. Values that are in bold
are wage rates that will increase due to the federal increase. This table only
describes the effective minimum wage rate for workers covered by the federal
Fair Labor Standards Act (FLSA).


