Minnesota Adjusts Minimum Wage Rates for Inflation in 2024
TL;DR
Minnesota's minimum-wage rates will be adjusted for inflation starting January 1, 2024. Large employers will be required to pay a minimum of $10.85 an hour, while small employers will have a minimum wage of $8.85 an hour. These increases of 2.5% aim to provide low-wage workers with more earning power. The new rates do not apply to Minneapolis and St. Paul, which have higher minimum-wage rates. Employers must provide written notice of any changes to employees' pay rates.
Topics:businesslabor-and-economy#employment#inflation#labor-and-economy#minimum-wage#minnesota#workers-rights
- Minnesota minimum-wage rates to be adjusted for inflation KTTC
- Minnesota Sets Minimum Wage Increases for 2024 WJON News
- Minnesota announces upcoming minimum wage increase in response to rise in inflation WDIO
- State announces minimum wage rate increases for 2024 KSTP
- Minnesota's minimum wage rates will increase to adjust for inflation on Jan. 1, 2024 CBS Minnesota
- View Full Coverage on Google News
Want the full story? Read the original reporting
Read on KTTC