For these employees, the state wage is tied to the federal minimum wage of $7.25 per hour which requires an act of Congress and the President's signature to change. Minimum wage workers in 24 states across the country will enjoy a pay bump in 2020, as a bipartisan smattering of state legislatures continue … $10.50 Minnesota. (2014 legislation) Virgin Islands. The minimum wage had its highest purchasing power in 1968, when it was $1.60 per hour (equivalent to $11.76 in 2019). Note: Vermont started indexing in 2007 but enacted additional increases in 2014. The minimum wage in the Portland Metro Area is $13.25 per hour and the minimum wage in Nonurban counties is $11.50 per hour. Texas These occupational employment and wage estimates are calculated with data collected from employers in all industry sectors in metropolitan and nonmetropolitan areas in Texas. Vermont. The minimum wage for New York City will be $15.00 for all businesses. $7.25 . Texas' minimum wage would more than double to $15-an-hour under a plan now before the state House. The Texas State minimum wage law does not contain current dollar minimums. January 23, 2019 at 7:23 am. Utah. $10.96 . The minimum wage for Long Island and Westchester Counties will be $13.00. Tipped employees, such as waitresses and bartenders, may sometimes be paid a cash wage that is lower than the prevailing minimum wage through a system known as a tip credit.. The Texas minimum wage in 2020 matches the federal minimum wage of $7.25 per hour. Beginning Jan. 1, 2019, minimum wage increased annually by 5% or the CPI, whichever is smaller; it cannot decrease. From 2019 through 2030, the minimum wage will increase annually on a set schedule, provided the unemployment rate in the preceding year does not exceed 8.5%. Texas. $7.25 . Therefore, Texas' overtime minimum wage is $10.88 per hour, one and a half times the regular Texas minimum wage of $7.25 per hour. Additional labor laws in Texas set special overtime rules for medical nurses. Keep in mind, this means tipped employees must be paid at least $2.13 per hour and $5.13 in tip credits. The federal minimum wage was introduced in 1938 at the rate of $0.25 per hour (equivalent to $4.54 in 2019). For employers with fewer than 10 full-time employees at any one location who have gross annual sales of $100,000 or less, the basic minimum rate is $2.00 per hour. Advertisement If the Texas bill is approved and signed into law, it would go into effect on Sept. 1, 2019. By 1950 the minimum wage had risen to $0.75 per hour. Keep in mind, this means tipped employees must be paid at least $2.13 per hour and $5.13 in tip credits. If you earn more then the Texas minimum wage rate, you are entitled to at least 1.5 times your regular hourly wage for all overtime worked. Instead the State adopts the federal minimum wage rate by reference. 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