Hawaii to raise its minimum wage
Posted on May 27th, 2014 Read time: 2 minutes
The Governor of Hawaii has signed Bill 2609, which will increase the state's minimum wage to $10.10 an hour from $7.25 over a period of the next four years. This will likely help those who need extra money due to inflation.
"A hardworking sector of our community has gone seven years without a raise," Hawaiian Governor Neil Abercrombie said. "This legislation will raise Hawaii's minimum wage from $7.25 to $10.10 an hour, providing our lowest-paid workers with the economic stability and security they deserve."
This is part of a recent trend in which many states are in the process of raising their minimum wages. California, for example, is raising its minimum wage by a dollar to $9 an hour.
Laws like these can only be welcomed by the wider staffing community. They help to support those who are ultimately most responsible for the successes the industry has enjoyed recently: the employees who are out there, working and doing the jobs required of them.
If it becomes too expensive to hire labor at the increased prices that will come into play in places like Hawaii and California, then one way of saving money on this process is by hiring temporary workers through an employer of record. Such a way of handling things will enable a company to save by letting the employer of record take care of most of the work involved in handling employees.
However, it must also be kept in mind the U.S. might be in a stronger position economically once these rules come into play. The most recent report on the Conference Board Consumer Confidence Index shows a reading of 83, up from 81.7 in April. This means consumers are spending more money, which will help the country expand. As the country's economy grows along with demand, it may pay dividends for a company to hire temporary workers to fulfill the extra needs that go along with expansion.
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Posted on May 27th, 2014 Read time: 2 minutes
The Governor of Hawaii has signed Bill 2609, which will increase the state's minimum wage to $10.10 an hour from $7.25 over a period of the next four years. This will likely help those who need extra money due to inflation.
"A hardworking sector of our community has gone seven years without a raise," Hawaiian Governor Neil Abercrombie said. "This legislation will raise Hawaii's minimum wage from $7.25 to $10.10 an hour, providing our lowest-paid workers with the economic stability and security they deserve."
This is part of a recent trend in which many states are in the process of raising their minimum wages. California, for example, is raising its minimum wage by a dollar to $9 an hour.
Laws like these can only be welcomed by the wider staffing community. They help to support those who are ultimately most responsible for the successes the industry has enjoyed recently: the employees who are out there, working and doing the jobs required of them.
If it becomes too expensive to hire labor at the increased prices that will come into play in places like Hawaii and California, then one way of saving money on this process is by hiring temporary workers through an employer of record. Such a way of handling things will enable a company to save by letting the employer of record take care of most of the work involved in handling employees.
However, it must also be kept in mind the U.S. might be in a stronger position economically once these rules come into play. The most recent report on the Conference Board Consumer Confidence Index shows a reading of 83, up from 81.7 in April. This means consumers are spending more money, which will help the country expand. As the country's economy grows along with demand, it may pay dividends for a company to hire temporary workers to fulfill the extra needs that go along with expansion.
