These are the 2024 Minimum Wage Updates You Need to Know

New year, new minimum wage updates! As a small business owner, you must understand these changes to meet compliance standards and retain your hard-working staff. If you have questions about paying your employees working in multiple states, or Nexus questions for your remote staff members, we’re here to help!

What does this mean for my business?

If there’s a wage increase indicated for any of the states your employees are working out of, call your Payroll Specialist to update information per each of your employees. On this phone call, you can decide to either pay employees at the mandated rate or at a higher wage. Or you can save time by logging in and making these changes yourself! Remember to report changes for any remote team members too.

Have you updated your labor law posters?

By law, all employers must display Wage & Hour Law posters in the workplace. These can be digitally distributed or made visible in a central location at your business. You can use our current poster solution to update your workplace postings as needed!

What changes can we expect to see in January?

Let's take a look at the minimum wage rates we will see in 2024, by state.

State	Minimum Wage 2024	Additional Information (according to DOL)
Alabama	Federal: $7.25 per hour
Alaska	$11.73 per hour
Arizona	$14.35 per hour
Arkansas	$11.00 per hour (4 or more employees)
California	$16.00 per hour
Colorado	$14.42 per hour
Connecticut	$15.69 per hour
Delaware	$13.25 per hour	Adopts federal minimum wage if greater.
Florida	$12.00 per hour (increasing annually)	Scheduled to reach $15.00 by September 30, 2026.
Georgia	$5.15 per hour (6 or more employees)	Excludes certain employment subject to federal law.
Hawaii	$14.00 per hour
Idaho	Federal: $7.25 per hour
Illinois	$14.00 per hour (4 or more employees)
Indiana	Federal: $7.25 per hour
Iowa	Federal: $7.25 per hour	Equals federal minimum wage if below federal rate.
Kansas	Federal: $7.25 per hour	Excludes employment subject to federal law.
Kentucky	Federal: $7.25 per hour	Adopts federal rate if greater.
Louisiana	Federal: $7.25 per hour	No state minimum wage law.
Maine	$14.15 per hour
Maryland	$15.00 per hour (15 or more employees)	$12.80 per hour (Fewer than 15 employees, increasing to $15.00 in 2024)
Massachusetts	$15.00 per hour
Michigan	$10.33 per hour
Minnesota	$10.85 per hour (Large employers)	$8.63 per hour (Small employers)
Missouri	$12.00 per hour (increasing annually)	Some exemptions for certain businesses.
Montana	$9.95 per hour (Sales over $110,000)	$4.00 per hour (Sales $110,000 or less, adjusted annually)
Nebraska	$10.50 per hour (4 or more employees)
Nevada	$11.25 per hour (No health insurance)	$10.25 per hour (With qualifying health insurance, increasing to $12.00 in 2024)
New Hampshire	Federal: $7.25 per hour	Equals federal minimum wage if below federal rate.
New Jersey	$14.13 per hour (increasing annually)	$12.93 per hour (Seasonal and small employers, with exceptions)
New Mexico	$12.00 per hour
New York	$14.20 per hour (Standard)	$15.00 per hour (Long Island, Westchester, & NYC)
North Carolina	Federal: $7.25 per hour
North Dakota	Federal: $7.25 per hour
Ohio	$10.10 per hour (Gross receipts $372,000 or more)	$7.25 per hour (Gross receipts under $372,000)
Oklahoma	$7.25 per hour (10+ full-time employees or gross sales over $100,000)	$2.00 per hour (All other employers, adopts federal rate)
Oregon	$14.20 per hour (Standard)	$15.45 per hour (Portland Metro Area)
Pennsylvania	Federal: $7.25 per hour
Rhode Island	$13.00 per hour
South Carolina	Federal: $7.25 per hour
South Dakota	$10.80 per hour
Tennessee	Federal: $7.25 per hour
Texas	Federal: $7.25 per hour	Excludes certain employment subject to federal law.
Utah	Federal: $7.25 per hour	Excludes certain employment subject to federal law.
Virginia	$12.00 per hour
Vermont	$13.67 per hour (2 or more employees)	Adopts federal rate if higher.
Washington	$15.74 per hour
Wisconsin	Federal: $7.25 per hour
West Virginia	$8.75 per hour (6 or more employees at one location)
Wyoming	$5.15 per hour
District of Columbia	$17.00 per hour

Let's Connect:

You can rely on our team to help you keep track of wage changes and maintain Nexus compliance as we begin the new year. Save your payroll and tax questions for us!