With the federal minimum wage unchanged for ten years, states and local municipalities are enacting their own minimum wage rates. Over 20 states and cities have made changes to the minimum wage, effective January 1, 2020. These annual increases to the minimum wage are resulting in pay for low earners rising faster than other employee populations, which may result in pay compression. This is a good time for companies, particularly with employees in multiple states, to closely review their salary ranges to ensure that they are abiding by the new required minimum wage in their respective locations, or consider the development of a formal salary structure, which will help to align pay with the competitive market, while being in compliance with the new regulations.