The increases will be in 24 states and 48 cities and counties. The new law could also impact the wages of some salaried employees. The Minimum Wage Is Rising, but These Workers Are Being Left Behind.
Although wage … This means that under a $15 minimum wage, the minimum annual salary for exempt employees increases from $41,600 to $62,400. There is a class of worker, mostly those who get tips, whose earnings floor has not been increased since 1991. The minimum wage is set to go up in 72 US jurisdictions in 2020. California employees who are salaried – meaning they are exempt from overtime – must earn at least twice the state’s minimum wage. McDonalds, Amazon and Bank of America recently came around to higher wages, and small companies are now left to lobby alone. Workers rejoice. Apr 27th 2017, 2:46 from Print edition. Activists pushing minimum wage increases all over the country are doing so out of a sense that poor people haven't shared in what otherwise looks like a booming economy. Middle-income households would benefit more … Min to the max: A £10 minimum wage is not the best way to help low earners.