December 19, 2014  
 
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Minnesota Minimum Wage

 

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 January 1, 2014, minimum wage in Minnesota for large businesses is $6.15 and for small businesses is $5.25.
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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.

Increases in Minnesota's minimum wage are forthcoming. Effective August 1, 2014, the minimum wage for Minnesota's large employers will jump to $8.00 per hour and the minimum wage for Minnesota's small employers will increase to $6.50 per hour.

On August 1, 2015, the Minnesota minimum wage will increase to $9.00 and $7.00 respectively for large and small employers.

Finally, on August 1, 2016, there is yet another planned increase to the Minnesota minimum wage, this time to $9.50 and $7.75 respectively for large and small employers.

Starting in 2018, the minimum wage will be adjusted every year for inflation.

The wage changes are slightly different for training employees and for youth workers (under 18). The training wage goes to: $6.50 on August 1, 2014; $7.25 on August 1, 2015; and $7.75 on August 1, 2016. The Youth wage goes to: $6.50 on August 1, 2014; $7.25 on August 1, 2015; and $7.75 on August 1, 2016. There are also different wage rates for some hotel and resort workers.

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 www.dol.gov .

Last Updated: June 27, 2014.

Need to find minimum wages by state? Just browse our minimum wages information pages:

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We greatly appreciate any advice you can provide on this topic. Please contribute your insights on this topic so others can benefit.

Karen Johnson 7/30/2009

What is the min. wage as of right now for a small business in Minnesota?


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