Minimum Wage Increases with FLSA Planning

FLSA overtime rule changes will require most employers to complete a thorough analysis on employee wages. As part of the analysis, minimum wage increases, at both the state and local level, should be considered as part of the overall review of current employee salary and compensation.

Although none of the minimum wage changes push anyone to the new $47,747 minimum salary threshold, it is logical to consider the minimum compensation level when discussing potential compensation changes for any employee.  While reviewing employee salaries and job duties for FLSA changes, minimum wages can affect decisions to change employee status or make changes to job duties for future roles and hiring.

There are a few increases that took place this July, and there are some increases coming January 1, 2017, which is  just one month after FLSA compliance deadlines.  Below is a summary table of these changes for your quick reference.