Effective January 1, 2018 the minimum wage for Minnesota is increasing to reflect the adjustment for inflation. Following is a table showing the increases from the Minnesota Department of Labor & Industry website:

 

Provision Current Law
Until Dec. 31, 2017
New Law
Effective Jan.1, 2018
Large employer wage $9.50/hour $9.65/hour
Small employer wage $7.75/hour $7.87/hour
90-day training wage (Under 20 years of age) $7.75/hour $7.87/hour
Youth wage (Under 18 years of age) $7.75/hour $7.87/hour
Inflation increase No inflation increases Inflation indexing begins on Jan. 1, 2018

A large employer is a business with annual gross revenue of $500,000 or more. There are both state and federal minimum wage laws. The employee is entitled to the higher of the two minimum wages when an employee is covered by both the state and federal minimum wage laws. The current federal minimum wage is $7.25/hour. Starting January 1, 2018, large employers will need to increase their minimum wage to $9.65/hour under Minnesota law.

Print Friendly, PDF & Email
Julie Williams
Associate

From the Rochester office of Hawkins Ash CPAs, I provide payroll compliance services and general tax services to clients. I am a QuickBooks Online Certified ProAdvisor.


Your Name (required)

Your Email (required)

Your Message

Are you human?


T: 800.658.9077
E: info@hawkinsashcpas.com

Locations

Your Name (required)

Your Email (required)

Your Message

Are you human?


T: 800.658.9077
E: info@hawkinsashcpas.com

Locations