June 2024 | Client Alert
The Minimum Wage Review Commission announced that, after evaluating the report presented by Abexus Analytics (a copy of the report can be accessed through this link: General Minimum Wage Report.pdf (pr.gov)), it decided to maintain the projected increase to the Puerto Rico minimum wage. Accordingly, effective on July 1, 2014, the new minimum wage applicable in Puerto Rico will be $10.50 per hour.
Employers must review its current compensation and payroll programs to ensure they comply with this new requirement.
Because of the general nature of this newsletter, nothing herein should be considered as legal advice or a legal opinion. For further information about the contents of this newsletter, or should you need further assistance in connection with this matter, please contact the firm’s Labor and Employment Department.
For any questions or inquiries regarding this topic do not hesitate to contact us at info@oneillborges.com or your prime contact attorney at O’Neill & Borges LLC. Please refer to www.oneillborges.com.
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This O’Neill & Borges Client Alert is prepared for general information purposes only. It does not constitute legal advice or a legal opinion; nor does it establish an attorney-client relation with the recipient. For further information or to establish an attorney-client relation please contact us at info@oneillborges.com or your prime contact attorney at O&B.