On Nov. 8, 2022, voters in Nevada voted to amend the State Constitution provisions regarding the minimum wage.
The Details:
Currently the minimum wage in Nevada is $10.50 per hour. However, if the employer offers health coverage meeting certain standards, the employer may pay the employee a dollar less or $9.50 per hour. Under current law the minimum amounts will increase to $11.25/$10.25 on July 1, 2023 and $12.00/$11.00 on July 1, 2024.
As a result of the ballot initiative, effective July 1, 2024, the minimum wage for all Nevada employees regardless of whether their employer offers health coverage, will be $12.00 per hour.
In addition, increases to the $12.00 minimum will only occur should the federal minimum wage (currently $7.25) exceeds $12.00 or an increase is enacted by the Nevada State Legislature.
Next Steps:
Effective January 1, 2024, Nevada employers must pay their employees at least $12.00 per hour regardless of whether the employer offers health care coverage. Nevada does not allow the use of a tip credit when paying its tipped employees.
Have Questions?
Please contact your dedicated service professional with any questions.