Clare Louise 
There is a high likelihood that Hawaii’s minimum wage will go up to an eventual rate of $18 per hour once a legislation passes both chambers of legislature at the beginning of May 2022.
House Bill 2510, which seeks to raise the minimum wage in Hawaii over the course of many years, has just been signed into law. The state’s population will hit the $18 mark in the year 2028. The minimum wage in the state of Hawaii has not changed since 2018. So how low is the Hawaii minimum wage 2023?
The current minimum wage in Hawaii is as follows
The average hourly tip for staff is $9.35, with the standard fare being $10.10.
A change in labor law postings would be inevitable if the minimum wage measure proposed in Hawaii were to become law. (The measure has been passed, as per the latest current information.)
Controlling the Floor Wage, So to Speak. In layman’s terms.
State of Hawaii Minimum Wage
The Act fixes October 1, 2022 as the date of the first increase. The schedule for the proposed increases to the base rate seems to be a little off. Most states intend to gradually increase their fees each year, often by $1.
Meanwhile, the legislation would result in a larger credit for tips. The current price is $0.75 USD. The change to the tip credit would be phased in separately from the usual minimum wage hikes in Hawaii, starting at a year other than 2026:
- $1 – Oct. 1, 2022
- $1.25 – Jan. 1, 2024
- $1.50 – Jan. 1, 2028
Minimum Wage in Hawaii Is Determined by Gratuities.
It’s worth noting that Hawaii has a minimum salary of $18 per hour. Several states have increased their minimum wage to $15 per hour thanks to the efforts of the “Fight for $15” campaign. The only state with a $15 minimum wage (for large employers) is California at the present time. But in the coming years, many more states will cross that threshold.
The minimum wage in Hawaii, however, would be the first of its kind if projected increases push it up to $18. The statute includes specific references to the monetary effects of the COVID-19 pandemic and the findings of a civic foundation that the number of aid requests increased by a factor of 600 during the outbreak.
Section 1 of the bill states that the legislature is aware of the economic hardships being felt not just by households but also by businesses that provide jobs to many of those individuals. Workers will profit from a minimum wage hike, but some businesses may feel the pinch as a result, especially during the current economic downturn induced by government actions to contain the spread of the deadly COVID-19 virus. But the Hawaii legislature thinks that helping working families by increasing the minimum wage is crucial to the state’s economic growth and stability.
The National Minimum Wage
The proposed cost of $18 per hour in Hawaii may be too much for certain businesses. There may, however, be a handful of nations by 2028 that are approaching close to that number.
Conclusion
Several municipalities have already gone beyond the $15 mark, and indexing, or annual hikes tied to the Consumer Price Index, may push others into the $18 mark by 2028.
