What are some of the potential trade-offs and unintended consequences of different minimum wage policy choices?

The current federal minimum wage is $7.25 per hour. States with their own hourly wage requirements may exceed this rate, but employers specifically covered by ... Minimum Wage Worker. $780/mo. Household at 30% of Area Median Income. $989/mo ... Median Wages for State's Most Common Occupations. Occupation, Total ... Nov 18, 2024 ... Question 5 would have required employers to pay tipped workers 64% of the state minimum wage on January 1, 2025, 73% of it on January 1, 2026, ... The ballot measure was defeated. A "yes" vote supported gradually increasing the wage of tipped employees until it meets the state minimum wage in 2029 and ... Sep 1, 2024 ... Massachusetts is one of 43 states with a tipped · wage, compared to seven that require tip-based businesses to cover the full minimum wage. (A. Aug 21, 2012 ... The Massachusetts minimum wage is currently $8.00 per hour, and a proposal to increase it to $10.00 is before the state legislature.1 Amid ... Dec 31, 2019 ... The minimum wage in Massachusetts will increase again Wednesday in its long march toward $15 an hour. As part of a “grand bargain” bill ... As of January 1, 2023, the state-wide minimum wage in Massachusetts is $15.00 per hour for most employees. The minimum wage for tipped employees is $6.75 per ... Jun 18, 2019 ... In Massachusetts, the minimum wage for employees who receive tips is $4.35 an hour, while nontipped employees make $12 an hour. Advocates say an ... Nov 6, 2024 ... ... wages as low as $6.75. But with tips added, their pay must equal at least $15 per hour, the state minimum wage. If tips don't reach that ...