Hourly Rate to Reach $11 or $12 by 2024, Depending on Health Benefits Offered
Nevada has adopted a law that will increase its minimum wage rate to $12 per hour by 2024. The schedule below indicates the gradual increases that will lead to this new minimum wage rate, which begin on July 1, 2020. The minimum wage rate in Nevada varies depending on whether the employer offers certain health benefits. Click here for additional information.
Effective Date Offers Health Benefits Does NOT Offer Health Benefits
July 1, 2019 $7.25 $8.25
July 1, 2020 $8.00 $9.00
July 1, 2021 $8.75 $9.75
July 1, 2022 $9.50 $10.50
July 1, 2023 $10.25 $11.25
July 1, 2024 $11.00 $12.00
Posted by Hallier Benefit Advisors in HR News Alerts