The Minnesota Department of Labor and Industry announced that the state minimum wage would increase effective Jan. 1, 2023, as outlined below.
The Details:
For large employers (those with annual gross sales of $500,000 or more, exclusive of retail excise taxes), the minimum wage increase from $10.33 per hour to $10.59 per hour.
For small employers (those with annual gross sales of less than $500,000, exclusive of retail excise taxes), the minimum wage will increase from $8.42 per hour to $8.63 per hour.
The 90-day training wage for workers under the age of 20, and the youth wage for workers under the age of 18, will also increase from $8.42 per hour to $8.63 per hour.
Note: In cities with higher minimum wage rates, such as Minneapolis and St. Paul, the higher rate will apply. Minnesota also does not allow the use of a tip credit when paying tipped employees.
Next Steps:
Effective January 1, 2023, Minnesota employers (other than those subject to the higher Minneapolis and/or St. Paul minimum wage ordinances) must pay its employees at least the minimum wage as noted above.
Have Questions?
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