Minnesota workers will be set to receive a 15 cent higher minimum wage January 2018. This will be the first inflation-adjusted hike in Minnesota since a 2014 rewrite of the state's base wage, which tied the minimum wage to inflation. At the time in 2014, Minnesota was among the lowest minimum wage in the country at $6.15 per hour, and it was raised to $8 per hour.
January 2018 Minimum Wage
- Companies with less than $500,000 in revenue must pay at least $7.87 per hour
- All other companies must pay at least $9.65 per hour
While the state's wage is rising, the city of Minneapolis approved a municipal minimum wage ordinance in June 2017, that will require employers to pay a $15 minimum wage by 2022. Effective January 2018, businesses with >100 workers must pay workers $10 per hour and then $11.25 in July 2018, where businesses with <100 workers will are required to pay a minimum of $10.25 per hour effective July 1, 2018.