What are the potential drawbacks of a higher minimum wage? How does the minimum wage affect small businesses?

The minimum wage for non-tipped employees in South Dakota is $11.50/hour. (Effective Jan. 1, 2025.) Tip Credit (Tipped Employees). On July 1, 2025, the San Francisco Minimum Wage will increase to $19.18. The "Government Supported Employees" minimum wage rate will increase to $16.97. This ... This change also affects salaried employees who are exempt from overtime requirements under Alaska Statute 23.10.055(b). The minimum salary for these workers ... Oct 3, 2024 ... That 2019 law – House Bill 5004 – passed despite unanimous Republican opposition. The bill increased Connecticut's minimum hourly wage from ... Minimum Wage Effective July 1, 2024 = $17.27 per hour per hour. Starting in 2022, the minimum wage for all employers within the city limits will include an ... Jan 24, 2024 ... The San Diego Community College District has boosted the minimum wage for all permanent employees to $30.58 per hour ― an amount that is nearly twice the state ... Oct 10, 2024 ... Beginning January 1, 2025, the State's minimum wage will increase from $13.67 to $14.01 per hour - an increase of $0.34. Jul 10, 2024 ... Proposition 32 would increase California's minimum wage to $18 per hour over time, the rate of the increase depending on whether an employer has ... $15.00/hour Minimum wage in Rhode Island as of 1/1/2025. Per RI General Law §28-12, the minimum wage is set to increase to the following in the upcoming years. $20.76. OLS announces the upcoming year's minimum wage increase by the Fall of each year. The minimum wage will increase to reflect the rate of inflation, based ...