Mn Minimum Wage 2024. The current minimum wage in minnesota is $10.85 per hour for large business (any enterprise with annual gross revenues of $500,000 or more) and $8.85 per hour for small business (any enterprise with annual gross. The table below lists the current prevailing 2024 minimum wage rates for every state in the united states.
1, 2022, the minnesota minimum wage is $10.33 for large employers (see figure for employer size definitions) and $8.42 for small employers. 1, 2024, minnesota’s minimum wage rates will increase to $10.85 for large employers and $8.85 for other state minimum wages.
What Is The Minimum Wage Ordinance?
In 2024, the minimum wage across the city of minneapolis will rise to $15.57.
Smaller Companies Are Those With An Annual Gross.
Starting january 1, 2024, the minimum wage in minnesota has seen crucial adjustments to match inflation, ensuring employees’ wages reflect the rising living costs.
Mn Minimum Wage 2024 Images References :
Starting January 1, 2024, The Minimum Wage In Minnesota Has Seen Crucial Adjustments To Match Inflation, Ensuring Employees' Wages Reflect The Rising Living Costs.
A bill in the minnesota legislature would increase the state minimum wage to $15, and increase every year until it reaches $20 in 2028.
1, According To The Minnesota Department Of Labor And Industry.
1, 2024, annual wages will be $22,568 for large employers and $18,408 for small employers (figure 2).