NY fast-food workers get latest minimum wage increase

01 January, 2018, 01:26 | Author: Franklin Nunez
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He continued: "In addition to removing some of the lowest paid people out of the USC net, this fourth increase in the minimum wage is an important part of Fine Gael's efforts to ensure that the economic recovery is fair and benefits everyone in society". This marks the second increase toward a statewide $15 minimum wage.

Minimum wage earners in NY and New Jersey are in for a raise with the new year.

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The new minimum wage would result in an Irish worker taking home a gross income of €1,613.95 per month, and €1,521.57 after tax. Tipped employees must be paid at least $5 an hour by employers. The increase will be phased in over a longer period for workers in the rest of the state.

The wage applies to all Florida workers who are covered by the federal minimum wage, according to the Department of Economic Opportunity. Businesses have stated that if they pay less than $15 an hour, they have retention issues. The minimum wage covers fast-food workers at more than 130 chains operating in NY, including Arby's, Burger King, Chick-fil-A, Dairy Queen, Domino's Pizza, KFC, McDonalds, Panera Bread, Pizza Hut, Starbucks, Subway, Taco Bell and Wendy's.

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Additionally, it's important to note that increased wages may lead to a stronger economy.

The minimum wage rule also applies to local chains that operate at least 30 locations in NY. A 2006 minimum wage ballot issue made the small increase possible. The reality is that in today's low unemployment arena many businesses are paying more than the proposed minimum wage to retain employees and are willing to pay more for those with greater skill sets.

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