A quick reminder: as part of the plan to increase the minimum wage to $7.25/hour in 2009, the next incremental increase in the federal minimum wage takes effect July 24, 2008. The new wage on that date will be $6.55 per hour.
The U.S. Department of Labor's poster issued in 2007 covers the minimum wage increases through this three-stage process. You do not need to update your poster if you have the Fair Labor Standards Act poster with a date of July 24, 2007. If your minimum wage poster predates 2007, or if it does not show the three stages of the minimum wage increases, you can download the current poster for free at www.dol.gov.