April 1st is soon upon us, so we are eagerly anticipating the annual release of Nevada’s Minimum Wage and Daily Overtime Bulletins. The wage information, provided by the state’s Office of the Labor Commissioner, will go into effect on July 1, 2017.
What to Expect
Based on the 2006 Minimum Wage Amendment to the Nevada Constitution, the minimum wage and thereby overtime rates must be recalculated each year. This recalculation is based on potential increases in the federal minimum wage or the cumulative increase in the cost of living—whichever is greater.
However, if the minimum wage and overtime rates are not adjusted, it is important to know that the state will update both of the bulletins to reflect the latest information and a new revision date.
One other thing to note is that employees who are eligible to receive health benefits from their employers earn less per hour than those who are not eligible, and so two wage rates will be reflected on each bulletin.
While you can rest assured that our Research Team is keeping a close watch for Nevada’s updated poster, there is something that you can do to be ready.
Order our OneSystem 1-Year Compliance Plan, and you will automatically receive the updated Nevada poster as soon as it becomes available. And because we provide free poster updates for mandatory changes, no matter how many occur during the year, you can count on us to keep you in compliance!