by Smith Schafer | Dec 31, 2020 | Business
Minnesota’s minimum-wage rates will be adjusted for inflation beginning January 1, 2021.
Provision | Rate until Dec. 31, 2020 | Rate as of Jan. 1, 2021 |
Large employer wage | $10.00/hour | $10.08/hour |
Small employer wage | $8.15/hour | $8.21/hour |
90-day training wage (under 20 years of age) |
$8.15/hour | $8.21/hour |
Youth wage (under 18 years of age) |
$8.15/hour | $8.21/hour |
Minneapolis sets a new hourly minimum wage standard for work performed in Minneapolis. Below is a chart of rate changes for the coming years. For additional information on the ordinance and how to determine business size visit the Minneapolis Minimum Wage website.
100 or Fewer Employees Small Business | More than 100 Employees Large Business | |
January 1, 2018 | Same as MN | $10.00/hour |
July 1, 2018 | $10.25/hour | $11.25/hour |
July 1, 2019 | $11.00/hour | $12.25/hour |
July 1, 2020 | $11.75/hour | $13.25/hour |
July 1, 2021 | $12.50/hour | $14.25/hour |
July 1, 2022 | $13.50/hour | $15.00/hour |
Sharing is caring!