On July 1, 2023, the small business minimum wage in Minneapolis increased to $14.50. The minimum wage for large businesses already increased in January and is currently $15.19. Beginning July 2024, the minimum wage for small businesses will match the rate for large businesses and continue increasing slightly every Jan. 1, according to reports.
“The City is committed to supporting an economy that includes everyone,” said officials.
The Minneapolis minimum wage ordinance defines small businesses as 100 or fewer employees and large businesses as more than 100 employees. Tips and gratuities do not count toward payment of a minimum wage.
The City’s Department of Civil Rights oversees enforcement of the municipal minimum wage and wage theft prevention ordinances, and workers are encouraged to report violations online.
The city stated that these increases in Minneapolis’ minimum wage directly benefits tens of thousands of families and the economy.
“The ordinance supports the City’s goals of promoting economic inclusion and reducing economic and racial disparities,” said officials.