January 18 Tip of the Week

Could a federally-mandated $15.00 per hour minimum wage be on the way?  The short answer is yes, and it could be sooner than you think.  One of President-Elect Biden’s first major proposals is a nationwide increase to the minimum wage and is a component of his administration’s American Rescue Plan.  With the House and Senate now carrying Democratic majorities, passage is more likely and could come swiftly.  As with all hot button political employment law issues, stay tuned as this is a rapidly developing situation that carries broad impacts for all employers, especially small businesses.