Minimum wage rises to $10.40 an hour on path toward $15

Minimum wage rises to $10.40 an hour on path toward $15

As of December 31, minimum wage in Upstate New York has increased to $10.40 per hour (not including Westchester, Suffolk, Nassau Counties, and New York City), and $11.75 for fast food workers outside of New York City.

Under a state constitutional amendment passed by voters in 2004, the Florida Department of Economic Opportunity adjusts the wage each year based on changes in a federal consumer price index. Of the 13 states that raised their minimum wage in 2014, 12 saw employment growth.[4] When employees believe they are being adequately compensated for their hard work, businesses see better productivity and decreased turnover. If pay rates had increased in parallel with those of chief executives, then it should have been £12.74 an hour, which works out to nearly £12,000 more than people are now paid.

"I'm very concerned raising the cost of entry-level jobs will highlight the differences in cost between doing business in NY versus other states", Goodell said on Friday. The 50-cent increase translates to an extra $1,040 per year.

More news: Date horror story: Woman rips pricey Andy Warhol artwork from walls

Additionally, it's important to note that increased wages may lead to a stronger economy.

Horrigan said phasing in the increases will be beneficial to businesses as it allows them to adapt.

Although the raise will help poor working Ohioans, but $8.30 per hour still leaves a full-time worker about $3,000 short of the poverty line for a family of three and this is why there is a push from many workers to pass a state-level $15 per hour minimum wage. Their pay goes up by 15 cents an hour starting today January 1. For example, since 2016 the minimum wage has increased 14.5% and is scheduled to continue to increase through 2021.

Related Articles

  • AT&T says all 50 states have opted into first responder network FirstNet

    AT&T says all 50 states have opted into first responder network FirstNet

    Wall Street analysts have said FirstNet is a way for AT&T to add to its portfolio of wireless airwaves, or spectrum, at a time when consumers are using more data on their cell phones.
    Donald Trump: Russia dossier a 'Crooked Hillary pile of garbage'

    Donald Trump: Russia dossier a 'Crooked Hillary pile of garbage'

    FBI CANNOT (after all this time) VERIFY CLAIMS IN DOSSIER OF RUSSIA/TRUMP COLLUSION. "Dossier is bogus. The dossier was compiled by retired British intelligence officer Christopher Steele .
    Amazon Sees Surging Prime Memberships in 'Biggest' Ever Holiday Season

    Amazon Sees Surging Prime Memberships in 'Biggest' Ever Holiday Season

    Between Thanksgiving and Christmas, Amazon Air carried enough packages to equal over a billion Echo Dots . Amazon disgorged a laundry list of factoids touting 2017 as its biggest holiday-shopping season ever.
  • Police want tips in 'horrific' quadruple homicide

    Tedesco told Fox News that "certain factors were uncovered during the investigation" that may mean the killings were targeted. Captain Dan DeWolf of the city's police department called the murders "horrific", adding that "it's awful , terrible, sad".
    Library of Congress Blog

    Library of Congress Blog

    Tweets can now be longer, too: This fall, Twitter rolled out 280-character tweets to most users across the platform. The LOC did not offer specific details regarding the selection of the tweets for the archive moving forward.
    Pro-Trump Singer Accuses Lewandowski Of Sexual Misconduct

    Pro-Trump Singer Accuses Lewandowski Of Sexual Misconduct

    However, she confirmed to "Fox and Friends" on December 13 that she would run for Congress in the state of Florida. Villa also revealed that at the time it all seemed like a big joke to Lewandowski.
  • Congress Legislator slaps woman constable, get slapped back

    Congress Legislator slaps woman constable, get slapped back

    Congress President Rahul Gandhi had arrived in Congress office in Shimla for meeting on Friday morning. "I am not happy at it". After considerable backlash, she also took to Twitter and clarified the situation calling it an act of self-defence.
    Russia Ready to Be Mediator between US, North Korea

    Russia Ready to Be Mediator between US, North Korea

    Earlier this month, Secretary of State Rex Tillerson said the USA was ready to open talks with Pyongyang "without preconditions". Russia's Foreign Minister Sergei Lavrov pressed U.S.
    Christmas celebrated with fervour

    Christmas celebrated with fervour

    Our Lady of Perpetual Succour Church in Srirampura decorated with serial lights as part of Christmas celebrations. The churches in the city were all decked up and festive mood prevailed in the houses of the Christian community.
  • 2017 at the Box Office

    2017 at the Box Office

    The official LEGO online store is now selling the LEGO Star Wars 2018 range, but does not yet have this particular set in stock. The gain came despite a 2.3% slide in U.S. box office, slammed by the worst summer in a decade as global box office jumped 5%.
    Egypt jails British woman Laura Plummer for 'smuggling painkillers'

    Egypt jails British woman Laura Plummer for 'smuggling painkillers'

    She said the family were trying to find out more details about what happened in the courtroom on Tuesday. There had been concerns that she could face up to 25 years in jail, or even the death penalty.
    California Police Officer Dead, Another Injured in DUI Crash

    California Police Officer Dead, Another Injured in DUI Crash

    Another officer in the auto , Jonathan Velasquez, was treated at a hospital for lacerations and released Monday, said Sgt. The driver, a Hayward resident, was allegedly driving under the influence of alcohol and drugs, most likely marijuana.