New 2007 Federal Minimum Wage Mandates Employers To Post Updated Labor Law Posters Now!

The ongoing debate between the House and the Senate to raise the federal minimum wage is over. On May 25, 2007, Congress passed a bill to increase the federal minimum wage to $7.25 an hour over the next two years. The new law raises the federal minimum wage to $5.85 an hour effective July 2007. It will go to $6.55 an hour one year later and to $7.25 an hour a year after that.

The phase-in period of the federal minimum wage increase also will affect many state minimum wage regulations. If a state raises its minimum wage to a rate higher than the federal minimum wage (as is the case in most states) employers are required to pay the higher rate.

As a result of the federal minimum wage increase, all employers must update their mandatory federal labor law postings and may be required to update their state labor law postings as well.

The 3 step wage increase is scheduled as follows:

$5.85 - Summer of 2007
$6.55 - Summer of 2008
$7.25 - Summer of 2009

What Are the Poster Compliance Protection Plans?

With the Federal Minimum Wage increase businesses should consider what to do to stay in compliance while keeping costs down. Not only will the Poster Compliance Protection Plan protect you against the Federal Minimum Wage update but it will also protect you against any state mandated updates as well keeping you always in compliance with any Federal or State mandated changes that require you to update your labor law posters. Under the Poster Compliance Protection Plan, your company will receive a brand new labor law poster whenever there is a Federal or State Mandated update to the labor law posters.

Please click here to start your Poster Compliance Protection Plan and keep your labor law poster costs down, and save your company valuable time.