The deadline for posting the new Minimum Wage Poster is July 24, 2007. By that date, most U.S. employers are required to have it displayed in a location that’s visible to both employees and job applicants. The new posting requirement is a result of the federal minimum wage increases that were recently signed into law by President George W. Bush. All employers covered by the Fair Labor Standards Act's minimum wage provisions are required by law to display the new rates in a conspicuous location by July 24, 2007, the effective date of the first of three incremental increases in the federal minimum wage.Copies of the poster are available and can be downloaded directly from the Labor Department’s website.
This is the first increase in the federal minimum wage since 1997. The new rate of $7.25 per hour will be phased in over 26 months according to the following timetable:
• First increase - $5.85 per hour, effective on July 24, 2007
• Second increase - $6.55 per hour, one year after the first increase (July 24, 2008)
•Third increase - $7.25 per hour, two years after the first increase (July 24, 2009)
Remember that if you are in Oregon, Washington, or another state with its own higher minimum wage, you must comply with the state wage requirement. However, you are STILL required to display the new federal poster.
If you have any questions about the new federal minimum wage law or the poster requirements please call us at 503-885-9815. And don't forget that you can solve all your employment posting issues by enrolling with Poster Compliance Center for auotmatic receipt of all posting materials and a guarantee ($25,000 payment for any fine or citation) that you will never find yourself out of compliance, if you utilize their service. Plus, you get a 20% discount (special for HRA friends and clients) by accessing from our website!
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