Democratic Congress Seeks To “Raise the Wage” To $15 Per Hour — Is Your Business Ready?
By EsqSocial Corporation 01/02/21
On the heels of last week’s Executive Order by President Biden calling for an immediate increase in the minimum wage for federal government employees and federal contractors, Democratic lawmakers in Congress have proposed a more than two-fold increase in the federal minimum wage from the current $7.25 per hour to $15 per hour by 2025 – and a gradual elimination of the tip credit by 2027. While it remains to be seen whether the Raise the Wage Act of 2021, introduced in Congress on January 26,...
By: Fisher Phillips