Iowa Minimum Wage Law
In the interest of ensuring that workers are compensated at a rate that is not abusive and which is sufficient to enable meeting the cost of living, the Iowa legislature enacted an increase of the minimum wage to $7.25 per hour in 2008, one full year before the federal minimum wage attained the same value. As an employer, you must be certain that you are offering your employees a salary that is in accordance with the legally mandated requirements. The failure to do so can result in protracted and costly wage disputes that have the potential to deal a serious blow to your business.
The Des Moines business lawyers of LaMarca Law Group, P.C., can help you to be sure that you have a full and accurate understanding of how Iowa minimum wage law pertains to your own workforce. Contact us by calling (877) 327-2600 to speak with an experienced attorney about your company’s situation.
Important Minimum Wage Figures
There are a number of other considerations that must be taken into account beyond the basic minimum wage rate. The nature of the employment being offered has a significant bearing on how the law affects the level of an acceptable minimum salary, for example. As you seek to minimize costs in troubling economic times, you want to make sure that you do not overpay but clear any legislative bars that have been established. Notable wage figures include:
- $7.25/hour is the minimum wage
- $2.13/hour is the minimum wage for “tipped” employees who regularly gain $30 or more in tips each month
- $500 per pay period is the penalty for failure to pay the minimum wage
We can help you to protect your business interests. Contact the Des Moines business lawyers of LaMarca Law Group, P.C., at (877) 327-2600 for all of your wage-related legal questions and concerns.