Minneapolis minimum wage increase goes into effect July 1
Next Wednesday, the minimum wage will increase in Minneapolis.
Minimum wage at small businesses will move to $11.75 and $13.25 at large businesses.
According to Minneapolis city ordinances, small businesses are defined as those with 100 or fewer employees and large businesses as more than 100 employees. Tips and gratuities don't count toward the minimum wage.
The city said the increases will benefit tens of thousands of families, and will support the goals of promoting economic inclusion and reducing economic and racial disparities.
The increases are scheduled to continue for the next several years on July 1. Each will increase by $1 in 2021; large businesses will jump to $15 per hour in 2022 while small businesses will increase by another $1 in 2022 and 2023; In 2024, small businesses' wages are set to be equal to large businesses.
You can find more information about the ordinance here.