Minnesota has an increased minimum wage that goes into effect very soon, and has released an updated minimum wage poster with an effective date of July 2015.
New Wage Information
Minnesota has established minimum wage increases up until 2018, when the wage will be indexed to inflation. On August 1, 2015, the minimum wage for large employers increases, as well as the wage for small employers, youth employees, and J-1 Visa holders.
The minimum wage will increase to $9.00 an hour for large employers with an annual gross volume of sales made or business done of $500,000 or more.
Also, the increased wage of $7.25 applies to:
- Small employers with less than $500,000 of annual gross volume of sales made or business done
- Employees younger than 20 years of age for the first 90 consecutive days of employment
- Employees younger than 18 years of age
Employees of hotels, motels, lodging establishments, and resorts working under the authority of a summer work, travel Exchange Visitor (J) non-immigrant visa now have a wage of $7.50 per hour.
A Section Has Been Removed
The poster previously had a section dedicated to Federal wage information that is no longer on the updated poster.
Future Changes for Minnesota
As mentioned previously, Minnesota has annual minimum wage changes that are already set until 2018, with further changes occurring annually in the years to follow. These annual changes to the minimum wage poster are easy to anticipate, but other changes to MN labor law posters may pop up as well.
Given the frequency of these changes, a OneSystem 1-Year Compliance Plan would be ideal for locations in Minnesota so that you are on top of any and all changes that may occur during the year. You won’t have to worry about updating your labor law posters, as new posters will arrive as needed.