Minneapolis Mn Minimum Wage 2024 Average. The state's average hourly wage as of march 2024 is $24.89, making it $30 higher than average. What is the minneapolis minimum wage?
A bill in the minnesota legislature would increase the state minimum wage to $15, and increase every year until it reaches $20 in 2028. 1, 2024, to $10.85 an hour for large employers and $8.85 an hour for other state minimum.
1, 2024, Annual Wages Will Be $22,568 For Large Employers And $18,408 For Small Employers (Figure 2).
The state's average hourly wage as of march 2024 is $24.89, making it $30 higher than average.
The $15.57 Rate Will Apply To Large Businesses On Jan.
The 2024 minimum wage rate for small employers will.
Minneapolis Mn Minimum Wage 2024 Average Images References :
It's Now In Effect For All Businesses.
$40,560 or $19.50 per hour at 2,080 hours worked per year or 110% of poverty for a family of four (4) with health coverage provided by employer.
The Minimum Wage Will Then Continue Increasing For Everyone (Beyond $15).
First, on january 1, 2024, larger employers (more than 100 employees) and franchises start paying at least $15.57.
