A number of states and local jurisdictions will raise their minimum wage in 2016; here is the latest information on what to expect in the new year.
Click here to view table.
While the federal minimum wage will remain steady at $7.25 for 2016, federal contractors must pay a minimum wage of $10.15 to those employees working on contracts entered into on or after January 1, 2016 (an increase from $10.10).
Note: These wage rates do not include minimum wage rates for tipped employees, which may vary by jurisdiction. Check with your local counsel.