Residents of Renton, Washington, voted on Feb. 13 to create a local minimum wage effective July 1, according to unofficial election results.
Coverage
The minimum wage law will contain two separate rates, one for large employers and another for all other covered employers. Employers are covered if they either have at least 15 employees or have over $2 million in annual gross revenue, according to the ballot initiative. Large employers are employers with more than 500 employees. Franchisees associated with franchises that employ more than 500 employees are also considered large employers.
Employer classification for the current calendar ...
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