Minimum wage increase

It's as of the day worked. So, for your first payroll that will include both 2024 and 2025 you can elect to pay the employees the new minimum wage for the entire period, or if you're feeling really cheap you can pay them two rates for the period if they are making less than the new minimum wage in 2024.

Thank you so much!  
Would you happen to have a link to a government site that will back that up, just in case? 

I don't exactly. This google search may help.

Generally rules that apply to wages earned, including the min wage and overtime and other similar rules always apply to the days/hours worked, not to the payday.

Thank you again! You are awesome! 

The link is just the same information as all the other websites.  They concentrate on the amount and date, but not actually how to process the payroll. LOL 

For future people trying to get this answer: 

Quickbooks closed out the 2024 year on Dec 28th.  The Earnings from Dec 22- Dec 29

were paid on Jan 2, and those wages showed up as the first paycheck of the year on the pay stubs.

Therefore, it is the new rate. 

Thanks to everyone reading this!