The bill to gradually increase the minimum wage to $15.00/hour failed to pass in the Senate and was not included in the New American Rescue bill.
While the National and Texas minimum wage remains at $7.25, employers may often offer employees a higher rate to stay competitive. We expect to hear about more efforts to increase the minimum wage in the future, but for now the labor market dictates the best compensation and benefits to offer new employees. If compensation or benefit survey information is needed, we will be glad to help.
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November 2024
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