Minimum Wage Change

1 decade 4 months 2 weeks ago Thursday, July 26 2007 Jul 26, 2007 Thursday, July 26, 2007 2:17:18 PM CDT July 26, 2007 in News
loading

The state minimum wage is higher than the new federal minimum wage now, but in the future, the federal wage could be more than Missouri's. As the federal wage will increase by a set amount, Missouri's will be adjusted each year.

Currently, Missouri beats the federal minimum wage at $6.50 an hour compared to $5.85. Next January, the state wage will get a cost of living increase and the federal wage will go to $6.55. In 2009, the state wage will get another cost of living increase and the federal wage will climb to $7.25. That's where analysts and employers think the federal wage will surpass the state wage.

The effects of the federal wage for Missouri will not be immediate, but could make a difference in the future.

When college student Sarah Davis got a job at a local tanning salon, she wasn't surprised about getting paid minimum wage.

"I thought it was fair and I had worked retail, you know where I'd started out at minimum wage to so I was just kind of expecting that," said Davis, a Tiger Tans employee.

She was glad when Missouri raised its minimum wage in January and glad for the country when the federal government approved the national increase.

"I think it'll be good, I think it needs to happen," said Davis.

Her boss said the new federal minimum wage increase may affect the way she pays her employees down the road.

"Budgets need to be adjusted now, so that they can have that set aside, or projected at least, what their sales are going to be," Tiger Tans owner Brenda Jacobsmeyer said.

One labor expert said he thinks the federal wage will surpass the state's.

"It's not until 2009 where the federal rate is $7.25 that it will probably be higher than the state rate," said Paul Rainsberger, Director of Labor Education, MU extension.

Other business owners said minimum wage never affects how they pay their employees.

"Well as it happens, market forces are such that we have to pay more than minimum wage anyway," said Kurt Mirtschings, Director of Marketing for Shakespeare's Pizza. "Currently in Missouri, it's $6.50 our starting rate is $7, so it's sort of irrelevant."

Whichever minimum wage is higher will be the rate employers use. For Sarah Davis, whether it's the state or the federal government, she's looking forward to more money in her pocket, no matter who's making the rules and no matter when it happens.

Some businesses are exempt from the minimum wage increases. Small service and retail stores that make less than $500,000 a year do not have to pay their employees minimum wage. Companies do not have to pay apprentices or trainees minimum wage.

More News

Grid
List
COLUMBIA – The growth of Columbia Regional Airport is set to take another step forward Wednesday morning. Mayor Brian... More >>
1 hour ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 8:04:00 AM CST December 13, 2017 in News
COLUMBIA - SWAT teams broke in to a home on Fir Place following a standoff early Wednesday, but did not... More >>
1 hour ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 7:55:00 AM CST December 13, 2017 in News
COLUMBIA - For people in jail, it's sometimes difficult to get together the funds to bail out. That's where... More >>
10 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 10:24:00 PM CST December 12, 2017 in News
MONTGOMERY, Ala. - Alabama Republican Roy Moore, beset by allegations of sexual misconduct, lost his bid to become a senator.... More >>
11 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 9:30:00 PM CST December 12, 2017 in News
JEFFERSON CITY - The former Cole County Chief Juvenile Officer sued his former boss and the Cole County Commission Tuesday,... More >>
13 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 7:33:00 PM CST December 12, 2017 in News
BOONE COUNTY - An abandoned car caught fire Tuesday at the intersection of East Broadway and South Rolling Hills Road.... More >>
14 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 7:21:00 PM CST December 12, 2017 in News
COLUMBIA - The man found dead at an Old Hawthorne home Monday morning was the son of a Clark County... More >>
14 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 7:21:00 PM CST December 12, 2017 in News
COLUMBIA - Missouri has entered in a new foster care study that will look at foster parent recruitment and retention.... More >>
14 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 6:51:00 PM CST December 12, 2017 in News
AUDRAIN COUNTY - A criminal investigation was underway Tuesday after a man's death and a vehicle fire. Foul play was... More >>
16 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 5:08:00 PM CST December 12, 2017 in News
JEFFERSON CITY - The 2018 Jefferson City council elections only have one contested seat: 5th Ward Council member. Incumbent... More >>
16 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 4:41:00 PM CST December 12, 2017 in News
COLUMBIA - Cover Missouri, a coalition promoting sign ups for the Affordable Care Act, held an open-enrollment event at the... More >>
16 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 4:41:00 PM CST December 12, 2017 in News
COLUMBIA - Police are still investigating the death of Augustus Roberts, the man found dead at a home in the... More >>
17 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 3:46:00 PM CST December 12, 2017 in News
COLUMBIA - The Truman VA’s Intensive Care Unit (ICU) went live with a new Tele-ICU technology on Tuesday. Tele-ICU... More >>
17 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 3:46:00 PM CST December 12, 2017 in Continuous News
COLUMBIA - Troopers arrested a man on Tuesday after a high-speed chase which started south of Ashland and ended in... More >>
17 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 3:38:00 PM CST December 12, 2017 in News
VERSAILLES - Prosecutors filed charges against three employees of the Morgan County Jail on Monday, including a nurse accused of... More >>
18 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 2:37:00 PM CST December 12, 2017 in News
COLUMBIA - Missouri has become the 34th state, in addition to two territories, to accept a nationwide public safety network.... More >>
18 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 2:35:00 PM CST December 12, 2017 in News
NEVADA (AP) — Two inmates who were captured soon after breaking out of a western Missouri jail face new charges.... More >>
19 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 2:20:00 PM CST December 12, 2017 in News
ASHLAND – Those who live around Ashland were able to avoid paying an online convenience fee or driving to Columbia... More >>
19 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 2:16:00 PM CST December 12, 2017 in News
Columbia, MO
Broken Clouds 42°
10am 45°
11am 48°
12pm 52°
1pm 54°

Select a station to view its upcoming schedule:

Coming Up Next

9:00a
Megyn Kelly TODAY
10:00a
Today with Kathie Lee & Hoda
11:00a
Rachael Ray
9:00a
The Steve Wilkos Show
10:00a
Jerry Springer
11:00a
Jerry Springer

Tonight's Schedule

7:00p
The Wall
8:00p
Golden Globe 75th Anniversary Special
7:00p
Riverdale
8:00p
Dynasty
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld