Minimum Wage Increase Effective 07/01/2022

Minimum wage is increasing effective July 1, 2022 in a number of states, counties and cities and we’ve listed them below.  In many of these jurisdictions, the minimum wage rate will affect the minimum salary employers must pay exempt executive, administrative, professional, and/or inside sales employees.

On September 30, 2022, in Florida the minimum wage and minimum cash wage for tipped employees will increase $1.00 per hour to $11.00 and $7.98 per hour, respectively, with the maximum tip credit remaining at $3.02 per hour.

 Additionally, there are currently 10 states scheduled to adjust their minimum wage rates on January 1, 2023 due to either CPI adjustments or legislative requirements due to inflation– Alaska, Arizona, Colorado, Maine, Minnesota, Montana, Ohio, South Dakota, Vermont, and Washington – and New York will adjust its minimum wage rate that applies outside of New York City and the counties of Nassau, Suffolk and Westchester on December 31, 2022.  We will provide you with notice as these states finalize adjustments.