{"id":89628,"date":"2023-01-03T19:34:06","date_gmt":"2023-01-03T17:34:06","guid":{"rendered":"https:\/\/factorialhr.com\/blog\/?p=89628"},"modified":"2024-12-19T17:24:55","modified_gmt":"2024-12-19T15:24:55","slug":"minimum-wage-increase","status":"publish","type":"post","link":"https:\/\/factorialhr.com\/blog\/minimum-wage-increase\/","title":{"rendered":"Minimum wage increases in 2025 to be aware of"},"content":{"rendered":"

Soaring inflation rates and stagnant federal minimum wage requirements have led many states to take action and make changes. In an effort to meet the rising Consumer Price Index<\/a>, there will be a minimum wage increase for many states in 2025.<\/strong><\/p>\n

Whether you work in HR or are a small business owner, <\/span><\/strong>paying employees is surely one of the most critical (and stressful) responsibilities on your plate.<\/span> After all, if your team isn\u2019t paid correctly, you risk violating the Fair Labor Standards Act (FLSA)<\/a>, and you might even have to pay IRS penalties.<\/p>\n

However, staying on top of yearly minimum wage increases and ensuring state and federal compliance can be overwhelming, to say the least.<\/p>\n

In this article, we\u2019ll go over some of the changes to plan for in 2025<\/strong>\u00a0so that you can make sure you stay up to speed while writing employee paychecks. Then, we\u2019ll break down the latest minimum wage increases by state<\/strong> so that you can have a clear point of reference. Last but not least, we’ll discuss key steps that will help you to prepare for the upcoming changes.<\/strong><\/p>\n

\"minimum-wage-increase-2023\"<\/a><\/p>\n

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Table of Contents<\/p>\n