Amends GS 95-25.3 to require employers to pay employees the higher of wages of at least $10.10 (was, $6.15) per hour, effective on Labor Day 2015, or the minimum wage in the Fair Labor Standards Act. Adds a new subsection (a1) that requires the minimum wage to be increased on January 1, 2016, and every January 1 thereafter, by the cost of living as measured by the percentage increase of the consumer price index calculated by the US Department of Labor. Requires the Commissioner of Labor to calculate the indexed minimum wage. Effective when the act becomes law.
Bill H 360 (2015-2016)Summary date: Mar 25 2015 - View summary