Minimum wages, pay transparency will both be on the rise in 2023 - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

Minimum wage hikes, pay transparency pushes and escalating expectations are just a few reasons pay will be a challenge in 2023.

will raise its minimum wage to $15 on June 1, 2023, with annual indexing beginning Jan. 1, 2024.increases to $11.75 on Jan. 1, 2023, with future increases to $13.25 in 2024 and $15 in 2025. minimum wage will increase to $12 on Sept. 30, 2023, and then by $1 a year until reaching $15 in 2026; after that Florida will resume annual indexing.Maine increases to $13.25 on Jan. 1, 2023, with future increases to $14 in 2024 and $15 in 2025. Small businesses with fewer than 15 employees reach $12.

increases to $14.13 on Jan. 1, 2023 and $15 in 2024, and then is indexed. For businesses with less than six employees, it goes to $12.93 on Jan. 1, 2023 and rises to $15 by 2026, with further increases to reach parity with the regular minimum wage in 2028.minimum wage is scheduled to increase on July 1, 2023 to $11.25 for employers who do not offer qualifying health insurance and $10.25 for those who do provide health insurance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 78. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Playbook for 2023: How to recruit, retain and connect with young workers - San Francisco Business TimesBetween the looming shadow of Covid-19, the hot hiring market and employers' efforts to reshape their workplace policies, Gen Z is entering the workforce at a unique time. That's fitting, because Gen Z has plenty of unique qualities that are bedeviling executives and managers. But the real 'problem' with Gen Z isn't those qualities. It's Gen Z's small size, which makes it critical for companies to forge an authentic connection with the generation. Many are striking out. How can you win? We explore in this special report.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Playbook for 2023: How to recruit, retain and connect with young workers - San Francisco Business TimesBetween the looming shadow of Covid-19, the hot hiring market and employers' efforts to reshape their workplace policies, Gen Z is entering the workforce at a unique time. That's fitting, because Gen Z has plenty of unique qualities that are bedeviling executives and managers. But the real 'problem' with Gen Z isn't those qualities. It's Gen Z's small size, which makes it critical for companies to forge an authentic connection with the generation. Many are striking out. How can you win? We explore in this special report.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Southwest reduces SFO, San Jose flight cancellations in return to normal - San Francisco Business TimesSouthwest Airlines Co. appears to be making good on a promise to resume its schedule after a week of mayhem for airline passengers in SFO, San Jose and around the country.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »