Governor Neil Abercrombie has signed a new law that will gradually increase the minimum wage in Hawaii to $10.10 per hour by January 2018. Under the law, the wage will increase to $7.75 in January 2015, to $8.50 in January 2016, to $9.25 in January 2017 and to $10.10 in January 2018. Hawaii's minimum wage is currently $7.25 per hour and has been that way since 2007. The tip credit will also increase to 50 cents per hour in January 2015 and to 75 cents per hour in January 2016, but businesses will only be able to deduct the tip credit from workers who earn at least $7 per hour above the minimum wage.
Source: Honolulu Star Advertiser, 5-24-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
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