For the first time in nearly a decade the federal minimum wage will increase Tuesday, July 24, 2007 from $5.15 per hour to $5.85. The $0.70 increase is scheduled to continue each summer for the following two years and will stop at $7.25 per hour in 2009.
Attorney Ravinder S. Nagi, Chair of the Labor and Employment Practice Group at Tom Bolt & Associates P.C., noted that most Virgin Islands employers and employees are not affected by the increase this year, because since January 1, 2007 the Virgin Islands’ minimum wage was increased to $6.15 per hour- higher then the impending $5.85 federal minimum wage increase. Continue Reading Federal Minimum Wage Increase Will Not Immediately Impact VI
