Minimum wage rates increase every year in many states and localities. It’s important to monitor if and when these increases are set to happen to maintain payroll and HR compliance at your organization. Employers can be subject to significant penalties for wage and hour violations, of which failure to pay employees at least the state minimum wage is one example.
With the new year approaching, now is the time to review minimum wage rate increases by state for 2024. Be sure to review if and when your state’s minimum wage is increasing by checking our 2024 minimum wage chart at the end of this post.
What is the Federal Minimum Wage Rate?
The current federal minimum wage rate is $7.25 per hour. This rate applies to employees covered by the Fair Labor Standards Act (FLSA) – which is the vast majority of workers in the U.S.
Which States Have No Minimum Wage Rate?
Unlike state minimum wages, the federal minimum wage is set by the federal government. While most states have minimum wage rates that are higher than the federal minimum, there are seven states that either have a state minimum wage set lower than the federal minimum wage or do not have a state minimum wage at all. Therefore, the federal minimum wage of $7.25 applies in those states, which are Alabama, Georgia, Louisiana, Mississippi, South Carolina, Tennessee, and Wyoming.
Which States Have Minimum Wage Rate Increases in 2024?
Even if your state did not technically announce a new minimum wage rate for 2024, some states have their minimum wage rate indexed to inflation, which triggers an automatic increase in the state minimum wage. In total, 21 states plus Washington, D.C. will see minimum wage rate increases in 2024.
What is the Minimum Wage Rate in Each State for 2024?
The below information reflects minimum wage rates set at the state level, and includes rate increases effective January 1, 2024 unless otherwise noted. Please be aware that your particular city or county may set minimum wage rates that differ from the state level, and that your particular state, city, or county may have increases set for later in 2024 which will be noted next to the anticipated rate if applicable. Please also note the below reflects the minimum wage for non-tipped employees.
|District of Columbia||$17.00||$17.00|
|Florida||$12.00||$13.00 (effective 09/20/2024)|
|Nevada||$11.25||$12.00 (for all employers, effective 07/01/2024)|
|Puerto Rico||$9.50||$10.50 (effective 07/01/24)|
** MINNESOTA: Listed rate is for large employers. Small employers will have a minimum wage of $8.85 per hour.
*** NEW JERSEY: Listed rate is for employers with 7 or more employees; employers with 6 or fewer employees or seasonal employees will have a minimum wage of $12.93. Also, seasonal and small employers were given until 2026 to pay their workers $15 per hour to lessen the impact on their businesses. The minimum hourly wage for these employees will increase to $13.73/hour on Jan. 1, 2024 up from $12.93.
**** NEW YORK: Listed rate is for most employers in New York State. New York City and Long Island and Westchester Counties have a minimum wage of $16.00 effective Jan. 1, 2024
***** OREGON: Listed rate is the standard state wage of $14.20 per hour. The minimum wage in the Portland Metro Area is $15.45 per hour and the minimum wage in Nonurban counties is $13.20 per hour.
Disclaimer: The information contained herein is not intended to be construed as legal advice, nor should it be relied on as such. Employers should closely monitor the rules and regulations specific to their jurisdiction(s) and should seek advice from counsel relative to their rights and responsibilities.