They say money makes the world go round… As end-of-year reviews are coming up and it may be close to merit increase time, I wanted to send out a friendly remember that Minnesota’s state minimum wage rates increase January 1, 2022:
- Large employers (over $500k) = $10.33
- Small employers (under $500k) = $8.42
- Training wage = $8.42
St. Paul’s minimum wage increases next occur July 1, 2022 ($15/hr for macro businesses >10,001 employees; $13.50 for large; $12 for small; and $10.75 for micro).
Minneapolis’ minimum wage increases next occur July 1, 2022 ($15 for large businesses >100 employees; $13.50 for small)