State Minimum Wage 2024 Analysis. District court has held that cryptocurrency token distributions as a form of employee compensation do not satisfy the test of what constitutes an investment contract, and therefore. Other states on track to reach the $15.00 per hour mark by 2025 include delaware, illinois and rhode island.
Workers is dropping—but 23% still make less than $17/hr. Combined cash & tip minimum wage rate is $7.25 with maximum tip credit of $3.98 (45% of the applicable minimum wage).