2024 Minimum Wage

2024 Minimum Wage

Managing payroll can be a complex process, especially when it comes to complying with employment eligibility, wage and tax regulations. These laws can differ from state to state and are often intricate, with varying requirements. Moreover, minimum wage changes can occur frequently. Several states have already announced plans to increase the minimum wage, which can create additional challenges for businesses. To help companies stay informed about these changes, we have put together a list of states that are planning to increase their minimum wage.

Effective January 1, 2024

Alaska

  • Hourly minimum wage: $11.73 (up from $10.85)

Arizona

  • Hourly minimum wage: $14.35 (up from $13.85) 
  • Tipped employee hourly minimum cash wage: $11.35 (up from $10.85) based on a maximum tip credit of $3.00.

California

  • Hourly minimum wage: $16.00 (up from $15.50) 

Colorado

  • Hourly minimum wage: $14.42(up from $13.65) 
  • Tipped employee minimum wage $11.40 (up from $10.63)

Connecticut

  • Hourly minimum wage: $15.69  (up from $15.00) 
  • Tipped employee minimum wage: $5.77
  • Bartender minimum wage: $2.90

Delaware

  • Hourly minimum wage: $13.25 (up from $11.75) 
  • Minimum Cash Wage $2.23 (unchanged) based on a maximum tip credit $11.02 (up from $9.52) 

Florida

  • Hourly minimum wage: $13.00 (up from $12.00) 
  • Minimum Cash Wage $3.02 based on a maximum tip credit $9.98 

Hawaii

  • Hourly minimum wage: $14.00 (up from $12.00) 

Illinois

  • Hourly minimum wage: $14.00 (up from $13.00) 
  • Tipped-worker minimum hourly cash wage: $8.40 (up from $7.80) based on a minimum tip credit of $5.60.

Maine

  • Hourly minimum wage: $14.15 (up from $13.80) 
  • Portland Hourly minimum wage: $15.00 (up from $14.00)
  • Tipped Employee hourly minimum: $7.08 (up from $6.75)
  • Portland Tipped Employee hourly minimum: $7.50 (up from $7.00)

Maryland

  • Employers with at least 15 employees’ hourly minimum wage: $15.00 (up from $13.25). 
  • Employers with no more than 14 employees’ hourly minimum wage: $15.00 (up from $12.80). 
  • Employers with at least 15 employees Tipped Employee hourly minimum: $3.63 based on a maximum tip credit of $11.37 (up from $9.62).
  • Employers with no more than 14 employees Tipped Employee hourly minimum: $3.63 based on a tip credit of $11.37 (up from $9.17).

Michigan

  • Hourly minimum wage: $10.33 (up from $10.10) 
  • Tipped employee hourly minimum: $3.93 (up from $3.84)

Minnesota

  • Large employers hourly minimum wage Indexed for Inflation: $10.85 (up from $10.59)
  • Small employers hourly minimum wage Indexed for Inflation: $8.85 (up from $8.63)

Missouri 

  • Hourly minimum wage: $12.30 (up from $12.00)

Montana

  • Hourly minimum wage Indexed for Inflation: $10.30 (up from $9.95)

Nebraska

  • Hourly minimum wage: $12.00 (up from $10.50)
  • Tipped employee hourly minimum: $2.13 (unchanged)  

New Jersey

  • Small employer minimum wage $13.93 (up from $12.93)
  • Seasonal employers hourly minimum wage: $13.93 (up from $12.93)
  • Agricultural employers hourly minimum wage: $12.81 (up from $12.01)
  • General hourly minimum wage: $15.13 (up from $14.13)
  • Long-term care facility direct care staff members $18.13
  • General Tipped Employee hourly minimum: $5.26 (unchanged $5.26) 

    New York

    • New York City $16.00 (up from $15.00)
    • Nassau, Suffolk & Westchester counties $16.00 (up from $15.00)
    • Rest of state $15.00 (up from $14.20)

    Ohio

    • Hourly minimum wage, employers with annual gross receipts of at least $371,000: $10.45 (up from $10.10)
    • Hourly minimum wage, employers with annual gross receipts less than $371,000: $7.25 (unchanged)
    • Tipped Employee hourly minimum: $5.25 (up from $5.05)

    Rhode Island

    • Hourly minimum wage: $14.00 (up from $13.00)
    • Tipped Employee hourly minimum: $3.89 

    South Dakota

    • Hourly minimum wage: $11.20 (up from $10.80)
    • Tipped Employee hourly minimum: $5.60 (up from $5.40) 

    Vermont

    • Hourly minimum wage: $13.67 (up from $13.18)
    • Tipped Employee hourly minimum: $6.84 (up from $6.59)

    Washington 

    • Hourly minimum wage: $16.28 (up from $15.74)


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    2024 Minimum Wagehttps://www.cbiz.com/Portals/0/Images/CBIZ_HCM_article_minimum_wage-2.png?ver=ZhIInOnEtSzJnX7EP2Ni9w%3d%3dhttps://www.cbiz.com/Portals/0/Images/CBIZ_HCM_minimum_wage-1.png?ver=IXFBlpEr_B-NOP53W9cm_A%3d%3dLearn more about state specific minimum wage rates that will go into effect in 20242023-10-24T17:00:00-05:00

    Stay informed about minimum wage changes coming in 2024. 

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