In simple terms, the minimum wage is the minimum amount per hour you must pay an employee in the United States based on Federal Employment Law. Currently, the approved Federal amount is $7.25 per hour. Some states like New York, Vermont, Massachusetts, and California, for example, have a higher minimum wage. According to the U.S. Department of Labor, “Where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher wage rate.”
Head on over to our blog post about the minimum wage to find out your minimum wage rate for your state and municipality.
New hire reporting has to go to the State on every newly hired employee. It is required and failure to do so could be very expensive.
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