Nebraska minimum wage to increase to $10.50 starting Jan. 1

LINCOLN, Neb. (WOWT) – Nebraska’s minimal wage will enhance yearly till 2026 after voters handed an initiative in November.

Initiative 433, which is a plan to steadily elevate the state’s minimal wage to $15 an hour in 2026, handed with 59% of the vote.

The state’s present minimal wage is $9 an hour and can enhance by $1.50 annually on Jan. 1. It should elevate to $10.50 in 2023, $12 in 2024, $13.50 in 2025, and $15 in 2026. It should then be adopted by annual price of residing changes.

Present minimal wage employees will see their bi-weekly pay rise from roughly $720 to $840 – a rise of $3,120 per yr.

Many states can have minimal wages of $15 an hour or greater by 2026, together with California, Connecticut, Delaware, Florida, Hawaii, Illinois, Maryland, Massachusetts, New Jersey, New York, Rhode Island, and Washington State.

Neighboring Iowa and Kansas have minimal wages of $7.25 an hour.

Nebraska Enterprise for a Honest Minimal Wage, which is a coalition of greater than 300 companies, strongly supported the initiative.

“Nebraska voters handed a $15 minimal wage in November and we’re wanting ahead to step one towards $15 in January,” stated Dave Titterington, proprietor of Wild Fowl Habitat Shops in Lincoln and Omaha.” It should deliver a greater new yr for employees and companies. We all know from expertise that paying workers a residing wage will increase productiveness and brings us happier workers and happier clients. And elevating the minimal wage will enhance spending at native companies throughout Nebraska.”

Increase the Wage Nebraska, which is the group behind the petition to place the minimal wage enhance on the poll, claimed that rising the state’s minimal hourly wage will profit practically 150,000 employees.

Copyright 2022 WOWT. All rights reserved.