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Tag: Minimum Wage
3 Articles
Orange arrow How do I report tips?

  Tips are an important part of many types of businesses. Reporting and handling tips correctly is crucial. Tips and payroll entry When entering or reporting tips, watch the kind of tips being reported. In Evolution, the Declared Tips option corresponds to cash tips, or tips already given to the e...
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Orange arrow What is Minimum Wage?

  The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). The federal minimum wage is $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws. Some state laws provide greater employee protections; employers must comply with both. Tip Credit: ...
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Tagged: Minimum Wage

Orange arrow What is the new Chicago minimum wage?

  On December 2nd, 2014 the Chicago City Council passed an ordinance that will raise the minimum wage for Chicago workers to $13.00 per hour by 2019. The ordinance also increases the minimum wage for tipped employees in from the current state minimum of $4.95 to $5.45 in 2015 and $5.95 in 2016. Chic...
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Tagged: Minimum Wage

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