News & Analysis as of

Wage and Hour Standard Mileage Rates

Lewitt Hackman

Wage & Hour Compliance: 2025 Mileage Reimbursement Rate

Lewitt Hackman on

On December 19, the IRS published an updated mileage reimbursement rate for 2025: $0.70 per mile, a three cent increase from the 2024 rate. The rate applies to all vehicles, electric and gas alike....more

Ervin Cohen & Jessup LLP

Employer Reminder: Local Minimum Wage Increases on July 1, 2024 and Current Mileage Rates

July 1st Minimum Wage Increases Each year on July 1st, a number of local municipalities and the County of Los Angeles raise their hourly minimum wage, based on changes to the consumer price index, and as required by local...more

Amundsen Davis LLC

IL Minimum Wage 2024 Update – July 1, 2024 Increases to Chicago and Cook County Minimum Wages; January 1, 2024 increase to the IRS...

Amundsen Davis LLC on

On January 1, 2024, we saw the Illinois minimum wage increase from $13.00 to $14.00. The City of Chicago and Cook County are also increasing their minimum wages on July 1, 2024. The minimum wage for the City of Chicago will...more

Fisher Phillips

California Employers Face Minimum Wage Increases This July 1

Fisher Phillips on

With the Consumer Price Index recently showing the largest spike in 30 years, California employers need to brace themselves and prepare for the minimum-wage hikes going into effect in several cities across the state on July...more

Fisher Phillips

IRS Increases Mileage Rate to 62.5 Cents Per Mile for the Rest of 2022

Fisher Phillips on

Responding to record-high gas price, the IRS announced yesterday that, for July through December of 2022, the optional standard mileage rate for business travel will increase from 58.5 cents to 62.5 cents per mile....more

Seyfarth Shaw LLP

The Fast, the Furious, the Fundamentals: Travel Pay in California

Seyfarth Shaw LLP on

Seyfarth Synopsis: Travel time pay is a nebulous area of the law that can leave many employers stalled on the starting blocks. Here are some guidelines to help ensure that employees get paid for all hours worked, including...more

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