Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

Download Now!
July 15, 2008
Poll: Small Minority Impacted by New Minimum Wage
On July 24, 2008, the federal minimum wage rises from $5.85 per hour to $6.55 per hour. But most employers won't be directly impacted by the change, according to a recent poll.

When asked "Will your organization have to pay higher wages as a result of the new federal minimum wage?," just 13 percent responded "Yes" while 87 percent responded "No."

What's the reason? At least in part, it's likely because most states have passed their own minimum wage law, and many of the states have minimum wages that differ from the federal rate. As a result, the increase in the federal minimum wage will generally have no effect on employers in many states because they currently have minimum wages at or above $6.55 per hour.

To find out which states are affected by the federal minimum wage change--and which are not--see our previous coverage of the federal minimum wage increase.

The poll included 210 respondents.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!
Featured Free Resource:
Cost Per Hire Calculator
Twitter  Facebook  Linked In
Follow Us
Copyright © 2017 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on
Document URL: