July 21, 2020
July 2020 Minimum Wage Changes Take Effect
Posted by Jenn McCabe
Despite COVID-19 disruption, scheduled July minimum wage rate increases were not postponed. There was an average increase of just under $1/hour across all affected jurisdictions. Check your records to ensure these increases, particularly the city/county increases, were processed.
Minimum wage increases will have an impact on your salaried staff, too. Minimum salary (exempt) pay thresholds are a product of the minimum wage.
The following changes were effective July 1, 2020.
Statewide minimum wage increases in:
- Washington DC
At least 38 city/county minimum wage increases, including:
- Los Angeles
- San Francisco
- Cook County, IL
- Saint Paul
- Montgomery County, MD
Stay on your toes for future increases: payroll changes can happen quarterly!
Jenn has more than 25 years of outsourced accounting and finance experience, with a particular expertise in startups and the advertising and creative production industries. She is passionate about seeing companies utilize the latest accounting technology to maximize their efficiency, productivity, and ultimately, success.
Before joining Armanino, Jenn founded and led Team Jenn Corp., a firm dedicated to the strategic financial management of startups and small businesses, offering a comprehensive back office solution with accounting, finance and HR solutions. Previous roles include stints at advertising giant Ogilvy and Mather, and in the cash management industry.
Jenn has a bachelor’s degree in economics from Pepperdine University and is a member of several professional associations including the National Society of Accountants, ProVisors and the Women’s Business Enterprise Network.