(KNSI) – The minimum wage in Minnesota will be adjusted for inflation beginning January first to $10.33 per hour for large employers and $8.42 for other employers.
Beginning January first, employers with more than $500,000 in annual gross revenue must pay at least $10.33 per hour while employers with less than $500,000 in annual gross revenue must pay $8.42. In addition, the training rate, paid to employees younger than 20 years of age for the first 90 consecutive days of employment, and the youth wage rate, paid to employees younger than 18 years of age, are set at $8.42
The rates will not apply to work performed in the cities of Minneapolis and St. Paul, which have higher minimum-wage rates.
As part of Minnesota’s employee notice requirement, employers are required to provide employees with written notice of changes to their wages and rate of pay. Learn more about the employee notice here.
Minnesota Law also requires employers to display posters somewhere employees can easily see them. The posters are free and need to be updated when Minnesota law changes. Workplace posters can be found here.
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