Over 20 states and/or jurisdictions have increased, or will increase, their minimum wage requirement in 2024. The chart below provides a quick reference to compare your employee rates to what is required by state.
Employers will be required to increase employee rates in IPS to meet the new minimum requirements by each states required effective date. The U.S. Department of Labor's Wage and Hour Division website can be referenced to gain more insight into each state's rules, which may include additional requirements by city and county. In addition, the website addresses minimum requirement for any tipped employees.
For those that may need assistance in making these changes, SynchronyHR is here to help. Contact us today to learn about our HR outsourcing (HRO) services.
STATE | 2023 MINIMUM WAGE | 2024 MINIMUM WAGE* |
|---|---|---|
AK | $10.85 | $11.73 (1/1/24) |
AZ *Minimum wages may differ by city/county | $13.85 | $14.35 (1/1/24) |
CA *Minimum wages may differ by city/county | $15.50 | $16.00 (1/1/24) |
CO *Minimum wages may differ by city/county | $13.65 | $14.42 (1/1/24) |
CT | $15.00 | $15.69 (1/1/24) |
DC | $17.00 | TBD (7/1/24) |
DE | $11.75 | $13.25 (1/1/24) |
FL | $12.00 | $13.00 (9/30/24) |
HI | $12.00 | $14.00 (1/1/24) |
IL *Minimum wages may differ by city/county | $13.00 | $14.00 (1/1/24) |
MD- Employers with 15 or more employees *Minimum wages may differ by city/county | $13.25 | $15.00 (1/1/24) |
MD- Employers with less than 15 employees *Minimum wages may differ by city/county | $12.80 | $15.00 (1/1/24) |
ME *Minimum wages may differ by city/county | $13.80 | $14.15 (1/1/24) |
MI | $10.10 | $10.33 (1/1/24) |
MN- Employer annual gross greater than $500k *Minimum wages may differ by city/county | $10.59 | $10.85 (1/1/24) |
MN- Employer annual gross less than $500k. *Minimum wages may differ by city/county | $8.63 | $8.85 (1/1/24) |
MO | $12.00 | $12.30 (1/1/24) |
MT | $9.95 | $10.30 (1/1/24) |
NE | $10.50 | $12.00 (1/1/24) |
NJ- Employers with 5 or more employees | $14.13 | $15.13 (1/1/24) |
NJ- Employers with less than 5 employees | $12.93 | $13.73 (1/1/24) |
NV | $10.50 | $12.00 (7/1/24) |
NY *Minimum wages may differ by city/county | $14.20 | $15.00 (1/1/24) |
OH | $10.10 | $10.45 (1/1/24) |
OR | $14.20 | TBD (7/1/24) |
RI | $13.00 | $14.00 (1/1/24) |
SD | $10.80 | $11.20 (1/1/24) |
VT | $13.18 | $13.67 (1/1/24) |
WA *Minimum wages may differ by city/county | $15.74 | $16.28 (1/1/24) |
*This table is intended for informational purposes only and does not constitute legal advice.