Nevada Releases 2015 Minimum Wage and Daily Overtime Bulletins; New Poster Required

Posted on June 9, 2015 by Kathleen White, Research & Compliance

The Nevada Labor Commissioner requires all employers to post the Nevada Annual Minimum Wage Bulletin and Annual Daily Overtime Bulletin announcing the minimum hourly wage and the hourly pay rate below which an employee will qualify for daily overtime effective July 1. Each year Nevada’s minimum wage rate is reviewed for an adjustment measured by an increase in the federal minimum wage rate and, if greater, an increase in the cost of living. How it works is if the cumulative increase in the cost of living for a given year is greater than any increase in the federal minimum wage, Nevada’s minimum wage will increase by the percentage of the cumulative increase in the cost of living. When there is no increase in the federal minimum wage, Nevada will not have an increase in its minimum wage. Currently, the federal minimum wage rate – unchanged since last year – is $7.25 per hour. Therefore, Nevada’s minimum wage rate will not change from last year.

 

Nevada’s statewide minimum wage rate for workers who are not offered health insurance benefits by their employer is set $1 above the federal minimum wage rate – $8.25 per hour.  The minimum wage rate for workers who are offered qualified health benefits by their employer is the same as the federal minimum wage rate – $7.25 per hour. An employee’s tips or gratuities cannot be counted toward the minimum wage rate. Nevada’s legislature is currently considering legislation to raise the state minimum wage rate.