This Saturday, Minnesota’s minimum wage will rise to $9.00 per hour, making it one of the highest in the country, and the leader of the Midwest states. The bump is a result of the phase two implementation of the wage law Governor Mark Dayton signed in April of last year. The law mandated that wages rise to $8.00 in 2014, $9.00 in August of 2015, and $9.50 in August of 2016. Following the completion of stage three in 2016, wages moving forward will be adjusted as necessary to account for inflation.
These changes will only apply to employees working for qualifying large employers – businesses with an annual gross revenue of $500,000 or higher. Those working for smaller employers still fall under the protection of the federal minimum wage, currently at $7.25 per hour.
How does Minnesota compare to its neighbors in the Midwest?
While the hotly debated first two stages of the law have finally been settled, stage three of the implementation remains controversial between political parties. The 2016 presidential race is expected to focus on ways to support the middle class and will undoubtedly touch on the minimum wage floor.
About Doherty | The Employment Experts Headquartered in Minneapolis for over 35 years, Doherty offers customized workforce solutions to companies doing business in Minnesota and across the nation. Doherty is the largest Minnesota-based staffing firm, Minnesota’s 2nd largest woman-owned business, a Star Tribune Top Workplace since 2014, and the only staffing firm to receive the Minnesota Business Ethics Award. Visit www.dohertyemployment.com for more information.
ORIGINALLY POSTED BY DOHERTY on Thu, 07/30/2015
To ensure continued compliance of our valued customers, All in One Poster Company is will be including this mandatory update, along with the latest Minnesota OSHA (MNOSHA) mandatory update that occurred this month, with the upcoming release of our 2016 Minnesota and Federal Combination Poster available for pre-order beginning November 1, 2016. The MNOSHA was updated this October to include information regarding employer requirements to report any work-related in-hospital, amputations or loss of an eye to MNOSHA within 24 hours.