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, 2021, minimum wage in Minnesota is $10.08 for large businesses and $8.21 for small businesses.
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 $10.08. If the business has receipts of less than $625,000, the minimum wage is $8.21. The current Federal minimum wage rate is $7.25.
Increases in Minnesota's minimum wage have come regularly.
Going back to August 2014, the minimum wage for Minnesota's large employers was at $8.00 per hour, and the minimum wage for Minnesota's small employers was then at $6.50 per hour.
On August 1, 2015, the Minnesota minimum wage increased to $9.00 and $7.00 respectively for large and small employers. On August 1, 2016, there was 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, Minnesota moved to legislated increase rates, in which the minimum wage would be adjusted every year for inflation.
Minnesota's minimum wage applies to all employee hours, whether part time or full time. Tipped employees in Minnesota must receive the applicable minimim wage, plus any tips they earn.
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: January 4, 2021.
Need to find minimum wages by state? Just browse our minimum wages information pages:
Share this article
Additional Resources for Entrepreneurs
Conversation Board
We greatly appreciate any advice you can provide on this topic. Please contribute your insights on this topic so others can benefit.