Karl Kramer

People are Flipping Out About 2024 Minimum Wage Increases. They’re Not Really a Big Deal

 Chris MacDonald, InvestorPlace Contributor Jan 9, 2024, 12:22 pm EST This January, workers making minimum wage will notice their paychecks possibly getting a little larger. Minimum wage increases in 22 states and 43 cities/counties should boost the standard of living for workers at this end of the spectrum. By year-end, 25 states and 60 cities/counties will have raised […]

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22 States Raised the Minimum Wage: What Does This Mean for Low-Skilled Workers?

Vance Ginn– January 9, 2024 On January 1st, 22 states and 38 cities and counties raised their minimum wages, sparking some celebration for 10 million workers who get a pay hike, and many doubts for the rest. While this is perhaps a well-intentioned policy, intentions don’t indicate a policy’s effectiveness. Many economists argue that this decision will disadvantage

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Martin Lewis’ MSE highlights eight ways minimum wage workers could be being underpaid

Aaron Morris / Nov 1 2023 Martin Lewis’ MoneySavingExpert website has estimated that more than 300,000 workers on the lowest wages are being underpaid, after a number of firms were recently exposed for failing to compensate employees fairly. The national minimum wage is the minimum rate per hour that an employer can award a worker to

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Which states will pay workers a minimum of $15 per hour in 2024?

 Heather Morrison /  Nov. 01, 2023 The federal minimum wage is $7.25 per hour. However, six states have their own minimum wage and will be paying at least $15 per hour for non-tipped employees starting in 2024.Overall, there are 15 states increasing minimum wage in 2024, which is lower than in 2023 when 25 states increased minimum

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