Mi Minimum Wage 2024 History Of. The minimum wage is subject to increase annually based on the inflation rate of the economy of michigan. In 2018, a petition initiative organized by one fair wage sought to allow voters to decide on raising michigan’s minimum wage to $12 an hour by 2022 and raise the minimum wage for tipped workers to 80% of the standard minimum wage in 2022, 90% in 2023 and ultimately match it in 2024.
The minimum wage for all employees paid on an hourly basis is $10.33 per hour (applicable from january 1, 2024) irrespective of company size. However, specific rates may vary based on factors such as age, job type, and work hours.
2024 Will Bring Boost In State Minimum Wage To $10.33.
Vda order april 2024 :
Graph And Download Economic Data For State Minimum Wage Rate For Michigan (Sttminwgmi) From 1968 To 2024 About Minimum Wage, Mi, Wages, Rate, And Usa.
58 rows release table for 2024, release tables:
The Minimum Wage Will Gradually Increase To $12.05 By 2030.
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The 85% Rate For Minors Aged 16And 17.
The minimum wage in miami is currently $11.00 per hour.
As Of 2024, The General Minimum Wage In Ontario Stands At $16.55 Per Hour.
Historically, state minimum wage rate for michigan reached a record high of 10.33000 in january of 2024 and a record low of 1.25000 in january of 1969.
This Baseline Is Significantly Lower Than The Minimum.