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In the following note, find out how much you will earn. One of the most important measures implemented by the United States Government for 2023 and that has benefited millions of citizens is the increase in the Minimum Wage. For this new year, the percentage has increased by more than 10% in several states, but does not apply to the entire country. This new measure has been in effect since January 1st and will be progressively implemented in different states, until reaching a total of 23.
Which states will see this minimum wage increase and from when?
On January 1, 2023, the minimum wage per hour increased in 23 states, and according to estimates by the Economic Policy Institute, this represents over $5 billion in wage increases for approximately 8.4 million workers.
It should be noted that 20 states, mainly located in the south and midwest of the country, continue with the federal minimum wage of $7.25 per hour. Meanwhile, 30 states, as well as the District of Columbia, have wages above the national reference.
These are the states where the minimum wage has increased
Since January 1st
- Alaska: from $10.34 to $10.85
- Arizona: from $12.80 to $13.85
- California: $14.50 (companies with 25 or fewer employees) and $15.50 (companies with more than 26 employees)
- Colorado: from $12.56 to $13.65
- South Dakota: from $9.95 to $10.80
- Delaware: from $10.50 to $11.75
- Illinois: from $12 to $13
- Maine: from $12.75 to $13.80
- Maryland: from $12.50 to $13.25
- Massachusetts: from $14.25 to $15
- Michigan: from $9.87 to $10.10
- Minnesota: from $8.42 to $8.63 (small employer) and from $10.33 to $10.59 for large employers
- Missouri: from $11.15 to $12
- Montana: from $9.20 to $9.95
- Nebraska: from $9 to $10.50
- New Jersey: from $13 to $14.13 (the scheduled increase also includes the adjustment for inflation)
- New Mexico: from $11.50 to $12
- New York: from $13.20 to $14.20 (northern New York state) and $15 (in New York City and surrounding areas)
- Ohio: from $9.30 to $10.10
- Rhode Island: from $12.25 to $13
- Vermont: from $12.55 to $13.18
- Virginia: from $11 to $12
- Washington: from $14.49 to $15.74
Since July 1st
- Connecticut: from $14 to $15
- Nevada: from $9.50 to $10.25 (companies that offer benefits) and from $10.50 to $11.25 for companies that do not offer benefits)
- Oregon: The minimum wage will increase from $13.50 to a new figure based on the Consumer Price Index (CPI)
Since September 1st
- Florida: from $11 to $12
Federal minimum wage: How much is the base salary in the country?
The federal minimum wage is $7.25 per hour since 2009. To change this figure, approval from Congress and the President's signature is required, so it does not adjust automatically. From that year until today, it is the longest period in which workers have gone without a wage increase.
Let's remember that the President of the United States, Joe Biden, along with some progressive Democrats, proposed to increase the federal minimum wage to $15, but this failed in Congress in 2022.
On the other hand, there is an exception to the minimum wage for workers who receive tips, such as waiters. These workers can have a salary of $2.13 per hour.