08/03/2023 - As of July 1st, 2023, Oregon Minimum Wage Increased Again, With Different Wage Rates For Different Areas Of The State
As usual, Commissioner Stephenson announced new minimum wage rates back in April of 2023. As of last month, those new rates have taken effect.
Currently, as of July 1st, 2023, Oregon minimum wage is $14.20 per hour (standard minimum wage rate).
Other wage rates for special locations in Oregon have also increased as follows:
- Portland Metro Minimum Wage: $15.45 per hour
- Non-Urban Minimum Wage: $13.20 per hour
Under Oregon law, Oregon minimum wage will update each year, and each year such update will be calculated and announced no later than April 30th.
The calculation is based on "any increase in the U.S. City Average Consumer Price Index (“CPI”) for All Urban Consumers for All Items from March of the preceding year to March of the year in which the calculation is made. This amount is required to be rounded to the nearest five cents" per the Oregon Bureau of Labor and Industries (BOLI).
The minimum wage update comes as the second major wage update for the state of Oregon this year, the first being centered around agricultural overtime in Oregon, which stated that as of January 1st, 2023 employers must start paying out overtime to agricultural workers that work 55 hours in one workweek.
"Businesses should look at modern payroll solutions and software, as well as compliance services such as labor law poster subscriptions to ensure that they manage compliance. These types of updates to legislation are quite frequent in Oregon, so an adaptable solution that can keep up is crucial in order to avoid legal trouble," said the president of GNSA, Katharina Fink.
Businesses looking for more information on Oregon payroll software or other questions regarding Oregon payroll laws and processing should contact GNSA today.
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Residing in the heart of the Pacific Northwest for over 20 years, GNSA has established a customer portfolio that extends beyond our Portland, OR headquarters to include every state in the continental U.S. With over 175 years of combined experience, we have found that what really sets GNSA apart from our competitors is our people! Our motto consists of the never-ending belief that the customer experience is what is most important. For us to ensure this to our clients, we must have a staff that consists of Caring, Responsive, Exceptionally Bright individuals and, most importantly, Happy Employees! Meet the Team.
