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Gray Adopts Minimum Wage Of $18 Per Hour

Y2kTheNewOldies

Y2kTheNewOldies

tvnewscheck.com

Gray Adopts Minimum Wage Of $18 Per Hour

Gray Television announced today a new minimum wage of $18 per hour across the company. The new policy will become effective on October 1, 2022 for essentially all full-time, non-commissioned and non-contracted employees of Gray and its wholly owned subsidiaries. Roughly 2,000 employees will...
tvnewscheck.com tvnewscheck.com

Note this is Gray television having to comply with states that have raised their minimum wages recently.

Georgia Minimum Wage 2024 - Minimum-Wage.org

www.minimum-wage.org www.minimum-wage.org

That's odd Geogia's Minimum Wage is only $7.25 this is where Gray's main offices are located along with WGCL and WPCH are at but
abc7ny.com

These are the 27 states raising the minimum wage in 2023

Workers earning minimum wage in more than two dozen states can expect a raise in the new year.
abc7ny.com abc7ny.com

Here are states where the minimum wage have been raised as of 2022.


Click to expand...
 
Y2kTheNewOldies said:
tvnewscheck.com

Gray Adopts Minimum Wage Of $18 Per Hour

Gray Television announced today a new minimum wage of $18 per hour across the company. The new policy will become effective on October 1, 2022 for essentially all full-time, non-commissioned and non-contracted employees of Gray and its wholly owned subsidiaries. Roughly 2,000 employees will...
tvnewscheck.com tvnewscheck.com

Note this is Gray television having to comply with states that have raised their minimum wages recently.

Georgia Minimum Wage 2024 - Minimum-Wage.org

www.minimum-wage.org www.minimum-wage.org

That's odd Geogia's Minimum Wage is only $7.25 this is where Gray's main offices are located along with WGCL and WPCH are at but then again Gray has to consider States with higher minimum wage requirements
abc7ny.com

These are the 27 states raising the minimum wage in 2023

Workers earning minimum wage in more than two dozen states can expect a raise in the new year.
abc7ny.com abc7ny.com

Here are states where the minimum wage have been raised as of 2022.
Click to expand...
www.dol.gov

Minimum Wage

The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.
www.dol.gov www.dol.gov

Woah the current minimum wage is $7.25 on the national level. But then again there are states that have not updated their minimum wage and Georgia is one of them.
 
Y2kTheNewOldies said:
www.dol.gov

Minimum Wage

The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.
www.dol.gov www.dol.gov

Woah the current minimum wage is $7.25 on the national level. But then again there are states that have not updated their minimum wage and Georgia is one of them.
Click to expand...
No state has an $18 an hour minimum wage so Gray is complying with no one.
 
gr8oldies said:
No state has an $18 an hour minimum wage so Gray is complying with no one.
Click to expand...
True the highest minimum wage that is enforced is $15/hr for California. But Gray has no stations in California but they do have stations in Nevada and Arizona where they have raised the minimum wage that is enforced.
 
If you read the article carefully Gray is raising their corporate minimum wage to $18/hour. This is not in response to any individual government edict, or really any edict at all except for wage pressures bearing upon the market.

And this is for FT employees only. Comes out to $3042 per month or $36,504 per year. I know they want to make this a positive statement, but what the statement really clarifies is that 2000 of their full time employees were not even making that much. I know local TV doesn't pay well, but good grief that is terrible.

Side note- if the federal minimum wage simply kept up with inflation, it would now be at a bit over $22 per hour. So the next time you hear someone quoted "People today don't want to work", keep that number in mind. They just don't want to work for YOU, Jim, at the price you are willing to pay.
 
The New Chico said:
And this is for FT employees only. Comes out to $3042 per month or $36,504 per year. I know they want to make this a positive statement, but what the statement really clarifies is that 2000 of their full time employees were not even making that much. I know local TV doesn't pay well, but good grief that is terrible.
Click to expand...
And that is a really big chunk of their workforce. As of February this year, Gray employed 8608 people on a full-time basis, so about 22% of the workforce.

In addition, because the new policy exempts employees paid on commission, it's likely a significantly higher proportion of their wage-only employees.
 
Gray is also offering buyouts at the ex-Meredith stations. I'll bet the replacements will be a lot closer to that $18/hour range.
 
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