Nevada’s Labor Commissioner released the annual bulletins for the state’s minimum wage and daily overtime rates that will take effect July, 2012. The rates will remain unchanged from last year.
The minimum wage for employees who receive qualified health benefits from their employers will remain at $7.25 per hour. The minimum wage rate for employees who do not receive health benefits will remain $8.25 per hour.
By law, the state’s minimum wage is recalculated each year. The minimum wage rates are adjusted by comparing the amount of increases in the federal minimum wage over $5.15 per hour, or, if greater, by the cumulative increase in the cost of living.
In making this year’s announcement, Labor Commissioner Thoran Towler explained, “While the cost of living adjustment for this year increased over last year, it is still less than the $2.10 increase in the federal minimum wage that went into effect in 2009.” Since the minimum wage is not increasing this year, the daily overtime will remain the same as well.
Have questions? Give us a call. We are happy to answer them.