Minimum Wage 2024 Increase Percentage

Minimum Wage 2024 Increase Percentage. The fair work ombudsman is reminding employers that a 3.75 per cent minimum wage increase should be applied to eligible employees’ pay from the first full. In india, national floor level minimum wage (nflmw) is the minimum wage below which no state government can fix the minimum wage.

Award minimum wages increase by 3.75%. The department of labor & industries announced an increase in the state minimum wage to $16.24/hour, effective january 1, 2024.