[title size=”1″ content_align=”left” style_type=”underline solid” sep_color=”#000000″ margin_top=”” margin_bottom=”” class=”” id=””]MN minimum wages to increase Aug. 1st[/title][fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”0″ padding_right=”0″ hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][fusion_text]Friday, July 31st
Minnesota’s large employer minimum-wage rate rises to $9 an hour beginning Saturday. This is the state’s second of three annual minimum-wage increases put into law in 2014. The law increases minimum-wage rates again in August 2016, when the rate goes to $9.50 an hour. In January 2018, the rates will be annually indexed to inflation based on economic conditions. The new law will make state large employers pay at least $9 an hour when the employer’s annual gross revenues are $500,000 or more. Small employers must pay at least $7.25 an hour when the employer’s annual gross revenues are less than $500,000. The training wage rate, $7.25 an hour, may be paid to employees younger than 20 years of age for the first 90 consecutive days of employment. The youth wage rate, at least $7.25 an hour, may be paid to employees younger than 18 years of age. Examples of workers exempt from minimum-wage requirements include: bona fide executive, administrative or professional workers; babysitters; and volunteers of nonprofit organizations.
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