Saturday, July 5th, 2008
State Minimum Wage To Rise Soon
Last updated on Tuesday, June 26, 2007
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(UNDATED) - Both the federal and state minimum wage are set to increase in July and that will mean some changes for employers.
The federal minimum wage is set to see its first increase to five-dollars, 85 cents an hour on July 24th. It will eventually rise to seven-dollars, 25 cents an hour by July 24th of 2009.
The new state law ties increases in Indiana's minimum wage to the federal minimum wage.
Indiana Chamber of Commerce Vice President George Raymond tells "Inside Indiana Business" that businesses are required to communicate the changes to their employees by displaying at least one updated labor law poster at each of their locations.
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