Several States Increase Minimum Wage in 2023
The federal minimum wage will remain at $7.25 / hour for 2023. However, in 2023 the minimum wage in several states is set to rise as follows.
All wage increases are effective January 1, 2023 unless otherwise noted below.
• Alaska - $10.85 per hour
• Arizona - $13.85 per hour
• California - $15.50 per hour
• Colorado - $13.65 per hour
• Connecticut - $15.00 per hour (June 1, 2023)
• Florida - $12.00 per hour (September 30, 2023)
• Illinois - $13.00 per hour
• Maine - $13.80 per hour
• Maryland - $13.25 per hour
• Massachusetts - $15.00 per hour
• Michigan - $10.10 (February 20, 2023)
• Minnesota - Large employers must pay at least $10.59 an hour when the employer’s annual
gross revenues are $500,000 or more. Small employers must pay at least $8.63 an hour when
the employer’s annual gross revenues are less than $500,000.
• Missouri - $12.00 per hour
• Montana - $9.95 per hour
• Nevada - $10.25 per hour (For Employers Offering
Qualifying Health Benefits) $11.25 per hour (For Employers Not Offering Qualifying Health Benefits) (July 1, 2023)
• New Jersey - $14.13 per hour for most employers (smaller employers with five or fewer employees - $12.93 per hour)
• New Mexico - $12.00 per hour
• Ohio - 10.10 per hour
• Rhode Island - $13.00 per hour
• South Dakota - $10.80 per hour
• Virginia - $12.00 per hour
• Washington - $15.74 per hour
In addition to these new state-imposed minimum wage requirements, members should be mindful of certain cities and counties that may impose wage mandates more than the state minimum. These are common in states such as California, New York, and Illinois. As a general rule, covered employers must pay the higher wage. Members are encouraged to consult with experienced employment counsel to ensure compliance.