[SchoolFinance] Sub rates

Cropley, Tammy tcropley at eastgrandschool.org
Tue Nov 14 08:31:39 EST 2023


Minimum wage is going from $13.80 to $14.15 on January 1, 2024

Maine's Minimum Wage to Increase to $14.15 Per Hour in 2024 [image:
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September 15, 2023

For Immediate Release: September 15, 2023

*Maine's Minimum Wage to Increase to $14.15 Per Hour in 2024*

AUGUSTA - Pursuant to Maine law (Maine statute Title 26, chapter 7, section
664), effective January 1, 2024, the state minimum wage will increase from
$13.80 to $14.15 per hour, based on data recently made available by the
U.S. Department of Labor's Bureau of Labor Statistics. Maine law, amended
by citizens referendum in 2016, requires annual adjustments to the minimum
wage based on the cost-of-living index (CPI-W) for the Northeast Region.
Between August 2022 and August 2023, there was a 2.4 percent increase in
the CPI-W.

In addition to the minimum wage, the new "tip wage," or service employee
minimum wage, in 2024 will be $7.08 per hour. This means that service
employees must receive at least a direct cash wage of $7.08 per hour from
the employer. The employer must be able to show that the employee receives
at least the minimum wage of $14.15 per hour when the direct wage and tips
are combined at the end of the week.

The minimum salary threshold for exempting a worker from overtime pay is
also based on the minimum wage. Starting January 1, 2024, the new minimum
salary threshold is $816.35 per week, or $42,450.20 per year. This is only
one of the factors used in determining whether a worker is exempt from
overtime pay under federal or state law. An individual can earn more than
the minimum salary threshold and still be eligible for overtime. The duties
of each worker must be considered as part of this analysis.

The minimum wage and overtime law can be found here:
http://legislature.maine.gov/legis/statutes/26/title26sec664.html . The
Department also has more information available on its website at
https://www.maine.gov/labor/labor_laws/wagehour.html .

On Tue, Nov 14, 2023 at 8:27 AM Kim Vicnaire <kvicnaire at aos92.org> wrote:

> Waterville Public Schools Pays:
> Teachers with a 4 year degree - $15.25/hr
> Teachers with less than a 4 year degree - $13.80/hr
>
> Yes, we do increase both when the minimum wage changes.
>
> On Mon, Nov 13, 2023 at 1:20 PM Krol, Gabrielle <gabrielle.krol at msad52.org>
> wrote:
>
>> Good Afternoon,
>>
>> Can you share what you pay your substitute teachers?  Are you looking to
>> increase that with the upcoming minimum wage increase?
>>
>> Thank you!
>>
>> --
>> Gabrielle Krol
>> Business Manager
>> MSAD 52
>> 486 Turner Center Road
>> Turner, ME 04282
>> 207-225-1006
>> _______________________________________________
>> SchoolFinance mailing list
>> SchoolFinance at maillist.informe.org
>> http://maillist.informe.org/mailman/listinfo/schoolfinance
>
>
>
> --
> Kim Vicnaire
> HR/Payroll Specialist
> Waterville Public Schools
> 25 Messalonskee Ave
> Waterville, ME 04901
> Ph 207-873-4281  Ext 4106
> Fax 207-872-5531
>
> _______________________________________________
> SchoolFinance mailing list
> SchoolFinance at maillist.informe.org
> http://maillist.informe.org/mailman/listinfo/schoolfinance



-- 
*Thank you,*
*Tammy Cropley*
Bookkeeper
MSAD #14
31A Houlton Road
Danforth, Me. 04424
207-448-2882
207-448-7252
tcropley at eastgrandschool.org
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