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.
To help employers understand the requirements, the
Minnesota Department of Labor and Industry (DLI) has updated its minimum-wage
fact sheets at www.dli.mn.gov/MinWage and its
minimum-wage workplace poster at www.dli.mn.gov/Posters.
An estimated 250,000 hourly workers in Minnesota will
earn less than $9.65 an hour.
"In 2014, I worked with the Legislature to raise the
minimum wage in Minnesota. Now that law demonstrates its full benefit as
incomes rise for more than 250,000 Minnesotans and their families who are
working hard to lift themselves out of poverty," said Governor Mark
Dayton.
"Our state
and nation were founded on the belief that hard work and opportunity should go
hand in hand. Raising the minimum wage will help make this value a reality for
thousands of Minnesotans, many of them people of color and women with
children," said Lieutenant Governor Tina Smith. "This increase is
good news and we have more work to do so that all Minnesotans can earn their
way to economic security for themselves and their families."
"This is
good news for Minnesota's lowest-wage
workers and will help them
earn more to provide for their families," said Ken Peterson, commissioner,
Minnesota Department of Labor and Industry.
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.
Minnesota law requires employers to display some
state-mandated posters in a location where employees can easily see them. The posters are available at no cost
and need to be updated only when Minnesota law changes. DLI will translate the
minimum-wage poster into Hmong, Somali and Spanish and add those posters online
in November.