Thursday, November 13, 2014

Minimum Wage and Unemployment Wage Base Changes for 2015

Did you know…the MA unemployment tax wage base for 2014 is $14,000, but it will increase to $15,000 as of 1/1/2015.  The RI wage base (for rates other than the maximum) is currently $20,600. The 2015 rate has not been announced.

For 2015, the MA minimum hourly wage will increase to $9.00; for 2016, the minimum will be $10.10; for 2017, the minimum will be $11.00 (highest state rate in the nation). The MA minimum hourly tip worker wage will increase in increments from $2.63 to $3.75 by 2017.

For 2015, the RI minimum hourly wage will increase to $9.00.

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