Minnesota Minimum Wage Rates Increase on August 1, 2016

New State and Federal Combination Poster Available for Purchase at www.AllinOnePosters.com

The minimum wage rates in Minnesota will go up on August 1, 2016, according to the following schedule:

• Large employersmust pay at least $9.50 an hour (annual gross volume of sales made or business done of $500,000 or more);
• Small employersmust pay at least $7.75 an hour (annual gross volume of sales made or business done of less than $500,000);
• Thetraining wage rate is $7.75 an hour (90-day training rate paid to employees who are younger than 20 years of age); and
• Theyouth wage rate is $7.75 an hour (may be paid to employees younger than 18 years of age).

Note: In cases where an employee is subject to both the state and federal m inimum wage laws, the employee is entitled to the higher of the two minimum wages.

A new state and federal combination poster reflecting the updated rates is available for purchase. Additional information regarding Minnesota's minimum wage rates is available by clicking here.