Minimum wage increases for 2024

Jan 2, 2024

State 2023 Hourly Minimum Wage 2024 Hourly Minimum Wage Effective January 1, 2024
Alaska $10.85 $11.73
Arizona $13.85 $14.35
California $15.50 $16.00
Colorado $13.65 $14.42
Connecticut $15.00 $15.69
Delaware $11.75 $13.25
Hawaii $12.00 $14.00
Illinois $13.00 for employers with >4 employees $14.00
Maine $13.80 $14.15
Maryland $12.80 for employers with <15 employees $13.25 for employers with >15 employees $15.00
Michigan $10.10 $10.33
Minnesota $8.63 for employers with <$500,000 in sales $10.59 for employers with >$500,000 in sales $8.85 for employers with <$500,000 in sales $10.85 for employers with >$500,000 in sales
Missouri $12.00 $12.30
Montana $9.95 for employers with >$110,000 in sales $4.00 for employers with <$110,000 in sales $10.30
Nebraska $10.50 for employers with >4 employees $12.00
New Jersey $14.13 $13.73 for employers with <6 employees and for seasonal employers $15.13 for employers with >6 employees
New York $15.00 for New York City, Long Island and Westchester County $14.20 for the rest of the state $16.00 for New York City, Long Island and Westchester County $15.00 for the rest of the state
Ohio $7.25 for employers with <$372,000 in annual gross receipts $10.10 for employers with >$372,000 in annual gross receipts $10.45
Rhode Island $13.00 $14.00
South Dakota $10.80 $11.20
Vermont $13.18 $13.67
Washington $15.74 $16.28

Changes for Tipped Employees

In 2024, there’s a notable shift in how tipped employees are paid in various states. For example, in Hawaii, employers can claim a tip credit of $1.25 per hour, but only if the employee’s total earnings (direct wages plus tips) are at least $7 more per hour than the minimum wage. This means that a tipped employee in Hawaii needs to earn at least $21 per hour, including a minimum of $12.75 in direct wages, to qualify for this credit. However, in states such as Alaska, California, Minnesota and Montana, employers can’t apply a tip credit and must pay the full minimum wage directly.

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