MN: Minimum Wage Increase

December 2018

Minnesota Minimum Wage Increase

Heads Up Employers!
The New Year brings a promise of fresh starts and new beginnings. This January, it also brings an increase to the Minnesota minimum wage.

Increase to Minimum Wage
The current (2018) Minnesota minimum wage for a large employer is $9.65 and $7.87 for a small employer.

What is the difference between a small and large employer in Minnesota, you ask? A large employer is defined as any enterprise with an annual gross revenue of $500,000 or more; a small employer is any enterprise with annual gross revenue of less than $500,000.

Minnesota’s minimum-wage rates will be adjusted for inflation January 1, 2019, to $9.86 an hour for large employers and $8.04 an hour for other state minimum wages (small employer, training wage and youth wage).

Organizations with employees in Minnesota and professionals that advise Minnesota employers:

Be prepared to stay in compliance in 2019!

Employment Law Posters
Don’t forget that the increase in the Minnesota minimum wage means a mandatory update to employment law posters!

More Minimum Wage Info
For further information, check out this Minnesota Department of Labor and Industry website page. The link also provides helpful fact sheets and other information for employers.

The Bottom Line
Employers impacted by the increase:

• Prepare now to review and update employee compensation to stay in compliance with minimum wage requirements.
• Update your employment law posters!

Author: Stacy Johnston

About the Author
HR thought leader, Stacy Johnston, provides innovative HR solutions with a mission to support organizations in understanding and engaging their biggest competitive advantage… their employees. Johnston writes and speaks about contemporary HR issues. She is a licensed attorney and holds the SHRM-CP and PHR credentials.

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