Yesterday, on april 16 th, the bureau of labor and industries (boli) announced the new minimum wage rates, which will take effect on july 1, 2024. However, calculations for the increase aren’t made until april 30 of each year.
Oregon will raise its minimum wage on july 1, with portland metro area seeing an increase to $15.95 per hour, and other regions to $14.70 or $13.70, based on cost of living differences. Below is a summary of these changes and guidelines to help you comply with your minimum wage requirements.
Within The Urban Growth Boundary, Including Parts Of Clackamas,.
Looking back at the progression of minimum wage rates provides valuable insights for employers to forecast trends and prepare for future changes.
Enacted By The 2016 Oregon Legislature, Senate Bill 1532 Establishes A Series Of Annual Minimum Wage Rate Increases Beginning July 1, 2016 Through July 1, 2022.
The state’s minimum wage increased from $15.74 to $16.28 at the start of 2024.
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The Federal Minimum Wage Is Not.
The table below lists the current prevailing 2024 minimum wage rates for every state in the united states.
Click Any State For Details About The Minimum Wage, Exemptions, And Other State Labor Laws.
This rate of minimum wage in oregon is more than the federal minimum.