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Minnesota Minimum Wage
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What are Minimum Wages in Minnesota?What's the minimum wage in Minnesota? For entrepreneurs and small business owners with employees, it's important to know whether your state has a minimum wage law. Information on minimum wages can be tough to find so we've done the research for you. Here's the minimum wage for Minnesota. As of October 1, 2009, minimum wage in Minnesota for large businesses is $6.15 and for small businesses is $5.25.
Minnesota is one of 45 states that have enacted minimum wage laws. If a business has receipts of more than $625,000, the minimum wage is $6.15. If the business has receipts of less than $625,000, the minimum wage is $5.25. The current Federal minimum wage rate is $7.25. Please realize that the Minnesota minimum wages cited above may have changed since we posted this minimum wage information. State minimum wages can change because new laws are enacted or because old laws contained scheduled increases. You should also be aware that state law often exempts particular company types, occupations and industries. To get the latest minimum wages for Minnesota, visit http://www.dol.gov/esa/minwage/america.htm Updated October 27, 2009. Need to find minimum wages by state? Just browse our minimum wages information pages: Comment Board
If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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