Hot Topic: Second Phase of Minimum Wage Increase
Included in the Small Business Protection Act of 1996 (P. L. 104-188) was a two-phase increase in the Fair Labor Standards Act (FLSA) minimum wage. The second phase of the minimum wage increase went into effect of September 1, 1997. Under the act, employees, unless specifically exempt, must receive a minimum wage no less than $5 .15 per hour for all hours worked.
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