Nevada Labor Commissioner Issues Reminder of Minimum Wage Hike in July 2023
By TheNevadaGlobeStaff, March 31, 2023 2:37 pm
NEVADA – The Office of the Labor Commissioner has reminded Nevada employers that the minimum wage will increase effective July 1, 2023. The increase is a result of Assembly Bill 456, which was passed by the 2019 Nevada Legislature. The bill increases the minimum wage in increments of 75 cents annually through 2024.
The State of Nevada has a two-tier minimum wage system based on whether qualifying health benefits are offered to employees. From July 1, 2023, through June 30, 2024, the minimum wage rate will be $10.25 per hour if the employee is offered qualifying health benefits and $11.25 per hour if not.
The minimum wage increase will also affect daily overtime rates for the same period starting July 1, except for employees exempted from overtime requirements under NRS 608.018.
Employees in Nevada who earn more than one and one-half times the minimum wage for both tiers, which is $15.375 per hour for those offered health benefits and $16.875 per hour for those not offered health benefits, are eligible for overtime at one and one-half times their regular rate of pay for over 40 hours of work in a week.
For employees who earn less than the amounts mentioned above, Nevada law provides for overtime pay at one and one-half times their regular rate of pay for working more than 8 hours in a 24-hour period, in addition to overtime pay after the traditional 40-hour week.
Employers are encouraged to review the annual bulletins for minimum wage and overtime, which can be found at the Labor Commissioner’s website.
Copyright 2022 775 Times, NV Globe. All rights reserved.