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
How Much Money Will Super Bowl 50 Bring Its Host City?
The Super Bowl Ad Game: Celebrities, Animals And Humor
- 3.Retail & Restaurants
Football Fans Fill Sports Bars For Super Bowl 50
- 4.Retail & Restaurants
Consumer Alert: BBB Valentine's Day Tips For Your Heart And Wallet
- 5.Health Care
New $18 Million Hospital Planned For Custer
Sioux Falls Is A Top Pick For College Grads
- 7.Your Money Matters
Phishing Emails Targeting Jobseekers
- 8.Education Funding
Sales Tax Hike For Teacher Pay Passes State House Committee
- 9.Education Funding, Education
Teacher Pay Tax Hike Set For Debate In Legislative Committee
- 10.Crops, General
USDA Grant To Help South Dakota Increase Ethanol Usage