Atv National Schedule
. Minimum Wage Hike amid bad economy
A new federally mandated minimum wage will take effect nationwide on July 24.
To help workers in the State of Kentucky General Assembly voted in favor of this new law into force on 1 July, three weeks before the schedule date.
The Congress made a two-year plan to increase the minimum wage in 2007. The 2007 minimum wage is $ 5.85 per hour, and 2008 is $ 6.55. The minimum wage in 2009 will be $ 7.25. The minimum wage for tipped employees will remain at $ 2.13 an hour. "This increase is significant for many workers in Kentucky, like others, have been fighting for these tough economic times, "Kentucky Secretary of Labor JR Gray said in a press release.
There are two different views on increasing the minimum wage. The authors take it as a good way for employees to make ends meet while increasing living standards, especially the poor and vulnerable. . It prevents workers from being exploited. However, opponents say that the law reduces profit margins, destroys jobs and creates inflation, many employers immediately pass the cost of additional staff to consumers.
The Kentucky Retail Federation did not think it's a good idea to increase the minimum wage at this time. Jan Gould, vice president of the Federation considers it is very terrible, because there are layoffs in all industries. Gould said. "We see major national retailers are struggling. The increase in base salary level and other levels living wage exacerbates it. "Gould said discussing the minimum wage increase is a moot point because the law is now two years and had an automatic increase for the year 2009 written on it.
No one could have predicted that the economy would decline as radical, when you pass the minimum wage law in 2007. So it is very important to adjust the salary in the opinion of Gould.
No matter their agreement or not, the new law in Kentucky will take effect. That is the last word on this thing.
Kentucky companies will have to update their status posters and federal labor law and displays them in the workplace. Employers who have questions about the new minimum wage regulations may consult the Cabinet Kentucky Labor or call 502-564-3534. If workers suspect their employer is not paying correctly under the federal minimum wage law, may contact U.S. Department of Labor Louisville District Office toll free at 1-866-4-USWAGE (1-866-487-9243).
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Round 7 2009 Unadilla Atv National