Minneapolis minimum wage moves to $15 for large businesses
As several new state laws took effect Friday, the minimum wage also increased in Minneapolis.
The city’s minimum wage moved up to $15 for large businesses — those with more than 100 employees.
The minimum wage for small businesses in the city also increased $1 to $13.50.
Minneapolis had minimum wage increases each of the past four years as well, starting with a $10 wage for large businesses on Jan. 1, 2018.
Large businesses in the city currently aren’t scheduled to have another minimum wage increase next year. Small businesses will see the minimum wage rise to $14.50 next July 1, then equalling large businesses at $15 per hour in 2024.
City officials say the minimum wage increases benefit tens of thousands of families and work to promote economic inclusion while reducing disparities.