TLP Announcements

November 2007 E-Alert
UPDATED MISSOURI MINIMUM WAGE
The Missouri Department of Labor
and Industrial Relations has announced that, effective January
1, 2008, the minimum wage in Missouri will be $6.65 an hour.
This is an increase of $.15 an hour from the current minimum
wage of $6.50 an hour. The minimum wage will be adjusted
annually based on the increase or decrease to the cost of
living as measured by the Consumer Price Index.
Additionally, Missouri’s minimum
wage law requires employers of tipped employees to pay those
workers a base cash wage of at least 50% of the minimum wage
($3.33 as of January 1, 2008), while allowing that the balance
of the minimum wage may be provided in the form of tips. If,
however, the balance is not made up in tips, the employer must
satisfy the differential.
Keeping track of the ever changing
landscape of federal and state minimum wage laws can be
difficult. To minimize this difficulty, we have included the
following chart showing the current and planned federal,
Missouri and Illinois minimum wage requirements for the
foreseeable future.
| |
Federal Minimum Wage |
Missouri Minimum Wage |
Illinois
Minimum Wage |
| January
1, 2007 |
-- |
$6.50 |
-- |
| July 1,
2007 |
-- |
-- |
$7.50 |
| July 24,
2007 |
$5.85 |
-- |
-- |
| January
1, 2008 |
-- |
$6.55 |
-- |
| July 1,
2008 |
-- |
-- |
$7.75 |
| July 24,
2008 |
$6.55 |
-- |
-- |
| January
1, 2009 |
-- |
$6.50 + or - |
-- |
| July 1,
2009 |
-- |
-- |
$8.00 |
|
July 24, 2009 |
$7.25 |
-- |
-- |
|
January 1, 2010 |
-- |
$6.50 + or - |
-- |
|
July 1, 2010 |
-- |
-- |
$8.25 |
|
July 24, 2010 |
$7.25 |
-- |
-- |
| January
1, 2011 |
-- |
$6.50 + or - |
-- |
If you
have any questions about this, or any other matter, please do
not hesitate to contact any of the attorneys at the Lowenbaum
Partnership, L.L.C.
This E-Alert is intended as in informal summary of
certain recent legislation, cases, rulings and other
developments. This E-Alert does not constitute legal
advice or a legal opinion and is not an adequate
substitute for advice of counsel. This E-Alert is not
intended to nor does it create an attorney-client
relationship. The choice of a lawyer is an important
decision and should not be based solely upon
advertisements. If this E-Alert is deemed to be an
advertisement please disregard this solicitation if you
have already engaged a lawyer in connection with the
legal matter referred to in this solicitation. You may
wish to consult your lawyer or another lawyer instead of
us. The exact nature of your legal situation will depend
on many facts not known to us at this time. You should
understand that the advice and information in this
solicitation is general and that your own situation may
vary. This statement is required by rule of the Supreme
Court of Missouri.