Minimum-wage earners in Minnesota get a pay raise to $8 an hour.
For Minnesota's lowest-paid workers, the most welcome move the Legislature made this year was increasing the minimum wage for the first time in nearly a decade.
The hourly wage moves from $6.15 to $8, the first in a series of steps that will eventually set it at $9.50 an hour for big companies, including those with gross annual sales topping a half-million dollars. Smaller companies phase up to $7.25 an hour next year, which is currently the federal minimum wage, then $7.75 by August 2016.
And starting in 2018, the minimum wage is indexed to inflation, which likely means automatic raises.
Most Popular Today
- 1.Meetings & Events
Alan Page To Speak At Law Enforcement Dinner
- 2.Education Funding
Possible Grant Money Shortfalls Concern Reservation Schools
Thursday Morning Business Brief
Wednesday Afternoon Business Brief
Thursday Afternoon Business Brief
- 6.Education Funding
Mid Central Takes Action On Finances, Dodges Questions About GEAR UP