All the Minimum Wage increases, by state for Jan 1 2019!

What this episode covers

The minimum wage will increase in 20 states on or before January 1 Twenty states will see increases in the minimum wage in the new year—one, New York, actually beginning on December 31. The minimum wage increases are scheduled as follows: Alaska. The minimum wage in Alaska will increase from $9.84 per hour to $9.89 per hour on January 1, 2019. Alaska’s minimum wage is adjusted annually based on inflation. The change for 2019 reflects a 0.5% increase in the cost of living. Arizona. The minimum wage in Arizona is scheduled to increase to $11 per hour on January 1, 2019. Arkansas. The minimum wage in Arkansas increases to $9.25 per hour on January 1 per voter approval of Ballot Issue No. 5 in the November 6, 2018, General Election. California. The minimum wage in California is scheduled to increase on January 1 as follows: $12 per hour for large employers with 26 or more employees; $11 per hour for smaller employers with 25 or fewer employees. Colorado. The Colorado minimum wage is scheduled to increase to $11.10 per hour on January 1, as part of a scheduled increase. Delaware. The minimum wage increases to $8.75 per hour on January 1, as part of a scheduled increase. In addition, there will be a training wage for those over the age of 18 for the first 90 days of employment and a youth wage for those under the age of 18 at rates of not more than 50 cents less than the minimum wage. Florida. The minimum wage in Florida will increase from $8.21 per hour to $8.46 per hour on January 1. Florida’s minimum wage is adjusted annually based on inflation. The change for 2019 reflects a 2.59% increase in the cost of living (CPI South Region). Maine. The minimum wage in Maine is scheduled to increase from $10 per hour to $11 per hour on January 1. Massachusetts. The minimum wage in Massachusetts is scheduled to increase from $11 per hour to $12 per hour on January 1. Michigan. The minimum wage will increase to $9.45 in 2019, under the “Improved Workforce Opportunity Wage Act” (P.A. 337), as amended by Public Act 368 (S.B. 1171). Although S.B. 1171 has this increase scheduled for January 1, the effective date of the measures are on the 91st day after adjournment of the state legislature. This would possibly delay the increase until a tentative date of around March 21, 2019. Minnesota. The minimum wage in Minnesota will increase from $9.65 per hour to $9.86 per hour for employees of large employers with gross revenues of $500,000 or more. For employees of smaller employers, the minimum wage will increase from $7.87 per hour to $8.04 per hour. The Minnesota minimum wage is adjusted annually based on the rate of inflation. The change for 2019 reflects a 2.16% increase in the cost of living. However, a higher rate applies in the City of Minneapolis, where the minimum wage rate in is $11.25 per hour for employees of large employers with more than 100 employees and $10.25 per hour for employees of smaller employers with 100 or fewer employees, as of July 1. Missouri. The minimum wage in Missouri increases to $8.60 per hour on January 1, per voter approval of Proposition B in the November 6, 2018, General Election. All private businesses are required to pay, at minimum, the $8.60 hourly rate, except retail and service businesses whose annual gross sales are less than $500,000. Montana. The minimum wage will increase from $8.30 per hour to $8.50 per hour on January 1, 2019. New Jersey. The minimum wage in New Jersey will increase from $8.60 per hour to $8.85 per hour on January 1, 2019. The minimum wage in New Jersey is adjusted annually based on inflation. The change for 2019 reflects a 2.88% increase in the cost of living. New York. The minimum wage rates in New York are scheduled to increase on December 31, 2018, as follows: In New York City, $15 per hour for businesses with 11 or more employees and $13.