With some exceptions, the federal minimum wage is $7.25 per hour. But your state may require you to pay a different rate, and that rate may have changed as of January 1. When employees are subject to both state and federal minimum wage laws, the law says you need to pay the higher of the two. Remember that overtime rates are also affected by the minimum wage. Review your payroll practices, including the posting of required notices to employees. Please call us at 646-688-2807 for more info.