The Connecticut minimal wage is the bottom hourly wage that employers are legally allowed to pay their staff. It’s set by the state authorities and is often adjusted each few years to maintain tempo with inflation. The present minimal wage in Connecticut is $13 per hour, which took impact on June 1, 2022. In 2023, the minimal wage will enhance to $14 per hour, and it’s scheduled to extend to $15 per hour in 2024.
The minimal wage is a crucial software for guaranteeing that employees are paid a good wage for his or her labor. It helps to cut back poverty and inequality, and it might additionally increase the financial system by rising client spending. Nevertheless, some companies argue that elevating the minimal wage can result in job losses. There’s some proof to assist this declare, however the total influence of minimal wage will increase on employment is complicated and is determined by a lot of components.
