Associated Payroll Services
  • Home
  • Services
    • Payroll
    • Time Keeping >
      • Learn More
      • timekeeping-webinar-replay
    • HR Tools
    • Workers Comp
  • COMPLIANCE
    • ACA Compliance
    • FLSA Salary Overtime
    • Compliance Support
  • Why Outsource
  • About Us
    • Blog
    • Testimonials
    • Contact Us
    • Directions
  • Client Login
    • Payroll Logins
    • - Phoenix Employer
    • - Phoenix Employee
    • Employer Time Login
    • Employee Time Login
    • HR Services Login
  • Minnesota Minimum Wage Update

Minimum-wage rate adjusted for inflation as of Jan. 1, 2018

1/1/2018

0 Comments

 
Minnesota's minimum-wage rates will be adjusted for inflation beginning Jan. 1, 2018, to $9.65 an hour for large employers and $7.87 an hour for other state minimum wages.

Under Minnesota law, the commissioner of the Department of Labor and Industry is required to determine and announce the inflation-adjusted minimum-wage rate each year by Aug. 31. This year, the change in the price deflator is an increase of 1.56 percent.

Applying this percentage increase to Minnesota's current minimum-wage rates, the large-employer minimum wage, now $9.50, will increase by 15 cents to $9.65. Other state minimum wages, including the small-employer, youth and training wages, as well as the summer work travel exchange visitor program wage, which are all now $7.75, will increase by 12 cents to $7.87.

As of Jan. 1, 2018:
  • Large employers must pay at least $9.65 an hour when the employer's annual gross revenues are $500,000 or more.
  • Small employers must pay at least $7.87 an hour when the employer's annual gross revenues are less than $500,000.
  • The training wage rate, $7.87 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 $7.87 an hour, may be paid to employees younger than 18 years of age.
​
More information about Minnesota's minimum-wage rates is available at http://www.dli.mn.gov/business/employment-practices/minimum-wage-minnesota.​

0 Comments

October 26th, 2017

10/26/2017

0 Comments

 
0 Comments

    Author

    Write something about yourself. No need to be fancy, just an overview.

    Archives

    January 2018
    October 2017

    Categories

    All

    RSS Feed

MENU
Home
Services
Payroll
Timekeeping
HR Tools
​Workers Compensation

MORE LINKS
Why APS?
About Us
​Blog
Testimonials
Contact Us
Directions
​Testimonials
CUSTOMER LOGINS
Employer Payroll Login
Employee Payroll Login
Employer Time Keeping Login
Employee Time Keeping Login
HR Services Login
CONTACT US
Info@APSofMN.com
1275 Ramsey Street Ste 100
Shakopee MN 55379
Phone: 952-445-8753 
​
Fax 952-496-0165
  • Home
  • Services
    • Payroll
    • Time Keeping >
      • Learn More
      • timekeeping-webinar-replay
    • HR Tools
    • Workers Comp
  • COMPLIANCE
    • ACA Compliance
    • FLSA Salary Overtime
    • Compliance Support
  • Why Outsource
  • About Us
    • Blog
    • Testimonials
    • Contact Us
    • Directions
  • Client Login
    • Payroll Logins
    • - Phoenix Employer
    • - Phoenix Employee
    • Employer Time Login
    • Employee Time Login
    • HR Services Login
  • Minnesota Minimum Wage Update