While some minimum wage information for certain states is calculated annually, others, like Michigan, currently have set annual increases this year. Michigan”™s minimum wage will increase to $8.50 on January 1, 2016, and we are continuously checking for the arrival of the updated labor law poster.
Details of the Pending Update
Under a 2014 update to state minimum wage law, Michigan has established minimum wage increases through 2018. On January 1, 2016, the state minimum wage increases from $8.15 to $8.50 and the tipped minimum wage increases from $3.10 to $3.23. Minors may be paid 85% of the hourly minimum wage rate, which is currently less than the federal minimum wage, and thus the wage for minors remains unchanged at $7.25 this year.
We will stay on top of this change and put the poster into production as soon as the notice is released from the state.
More Minimum Wage Updates in the Future
There are two additional established increases in the years to come. On January 1, 2017, the state minimum wage increases to $8.90, the tipped minimum wage increases to $3.38, and the minimum wage for minors increases to $7.57. On January 1, 2018 the state minimum wage increases to $9.25, the tipped wage increases to $3.51, and the minimum wage for minors increases to $7.86.
Beginning January 2019, the minimum wage will be adjusted annually based on the consumer price index. This increase cannot exceed 3.5%, and the increase will not take effect if the unemployment rate is 8.5% or greater for the year proceeding the year of the prescribed increase.
Michigan just recently updated its mandatory Safety and Health (MIOSH) poster, and sometime soon the minimum wage poster will be updated. With all of these changes, now is the time to enroll in Poster Compliance Center”™s OneSystem 1-Year Compliance Plan to make your compliance easy. With free automatic updates, no matter how many changes occur, you will be set. We”™ll do the heavy lifting here to get you your posters as soon as possible; why not relax and be worry free about labor law compliance?