The past year has brought many challenges, including those associated with rising inflation and cost-of-living increases. With such concerns top of mind, many states are increasing their required minimum wage rates. Employers should be aware of the following minimum wage increases set to take effect at the end of this year or in 2023. The increases discussed below do not cover tipped workers, other special classes of employees or those mandated by local law. Employers should review their current compensation practices and consult with appropriate counsel to ensure compliance with upcoming rate increases.
Alaska
The Alaska minimum wage will increase from $10.34 per hour to $10.85 per hour, effective Jan. 1.
Arizona
The Arizona minimum will increase from $12.80 per hour to $13.85 per hour, effective Jan. 1.
California
The California minimum wage was previously tiered based on employer size. This year, for example, employers with 25 employees or fewer were subject to a $14 per hour minimum wage, while employers with 26 or more employees were subject to a $15 per hour minimum wage. Effective Jan. 1, however, employers of all sizes are subject to a $15.50 per hour minimum wage requirement.
Colorado
The Colorado minimum wage will increase from $12.56 per hour to $13.65 per hour, effective Jan. 1.
Connecticut
The Connecticut minimum wage will increase from $14 per hour to $15 per hour, effective June 1.
Delaware
The Delaware minimum wage will increase from $10.50 per hour to...
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