Minimum Wage In Texas 2024 Challenges

Minimum Wage In Texas 2024 Challenges. Under the default policy based on the raise the wage act of 2023, the minimum hourly wage is $9.50 in 2024, $11.00 in 2025, $12.50 in 2026, $14.00 in 2027,. Effective july 24, 2009, texas adopted the federal minimum wage rate of $7.25 per hour.

As 2024 unfolds, changes to the business climate are already underway as nearly half of the us adjusts to minimum wage increases. The minimum wage applies to most employees in texas, with limited exceptions including tipped employees, some student workers, and other exempt occupations.