WebMar 28, 2024 · The federal minimum wage is $7.25 per hour while Michigan's state law sets the minimum wage rate at $10.1 per hour in 2024. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. View future changes in the minimum wage in your location by visiting Minimum Wage Values in … WebMichigan's Minimum Wage Rate Effective January 1, 2024, the minimum wage rate is $9.87 per hour Acts and Rules Michigan's Minimum Wage and Overtime law (Improved Workforce Opportunity Wage Act - Public Act 337 of 2024) Wage and Hour Division Administrative … Department of Labor and Economic Opportunity (LEO) provides the … WHD-9802 Minimum Wage and Overtime Brochure . WHD-9803 Youth Employment …
Michigan Minimum Wage Increases Enacted Jackson Lewis
WebApr 27, 2024 · Michigan’s current minimum wage is $9.87 an hour. This would increase in one dollar increments over five years. After reaching $15 an hour in 2027, the initiative requires automatic adjustments for inflation each year. WebJul 7, 2024 · When all 83 counties in Michigan were considered, 21 reported average weekly wages of less than $900, 22 registered wages from $900 to $999, 18 had wages from … equity derivatives nism pdf 2023
State Minimum Wage Rate for Michigan (STTMINWGMI)
WebWhile the minimum wage for the state of Michigan increased in that period (from $7.40 to $9.25, a +25% delta), this has failed to both keep pace with the above-calculated living wage, as well as what the federal minimum wage could effectively be had it been indexed to inflation at its point of greatest purchasing power (February 1968), where its … WebMar 28, 2024 · The Legislature chose to adopt the petition, which in its original form would have raised the minimum wage to $10 per hour in 2024, $10.65 in 2024, $11.35 in 2024, … WebJan 2, 2024 · At the start of the new year, Michigan's minimum wage increased from $9.87 tp $10.10 per hour, but that increase could have been much higher. ... 2024 - $10.00; 2024 - $10.65; equity definition social justice