Minnesota plans to adjust the state’s minimum-wage rates at the beginning of 2023.
The current large-employer minimum wage is $10.33, and will increase by 26 cents to $10.59, according to the Minnesota Department of Labor and Industry.
Other state minimum wages, including the small-employer, youth and training wages, as well as the summer work travel exchange visitor program wage, which are all currently $8.42, will increase by 21 cents to $8.63. These increases are both 2.5%.
The minimum-wage adjustments, due to inflation, will take place on Jan. 1.
"This increase is designed to help minimum-wage workers keep up with inflation to better provide for themselves and their families," Nicole Blissenbach, DLI temporary commissioner, said in a news release.
According to the release, the state minimum-wage rates will not apply to work performed in the cities of Minneapolis and St. Paul, which have higher minimum-wage rates.
Additional information from DEED includes the following:
As of Jan. 1, 2023
Large employers must pay at least $10.59 an hour when the employer's annual gross revenues are $500,000 or more.
Small employers must pay at least $8.63 an hour when the employer's annual gross revenues are less than $500,000.
The training wage rate, $8.63 an hour, may be paid to employees younger than 20 years of age for the first 90 consecutive days of employment.
The youth wage rate, $8.63 an hour, may be paid to employees younger than 18 years of age.
Minimum wage posters
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