What’s happening to the minimum wage beyond 2020? Since 2016, the minimum wage in Missouri has been going up steadily, but the most significant jump happened in 2019. … Effective January 1, 2021, UMSL will adopt the new Missouri minimum wage of $10.30 per hour. Since July 24, 2009, the federal minimum wage is $7.25 per hour. The new law increases the minimum wage to $15 per hour by Jan. 1, 2022, for employers with 26 or more employees. Kansas City residents will have the chance Tuesday to approve a referendum that would raise the city’s minimum wage initially to $10 and eventually to $15 in 2022. ... Missouri. The yearly sales threshold was reduced to $500,000 in Minnesota. The minimum wage rate will increase 85 cents each year through 2023 for all private, non-exempt businesses. St. Louis had raised its minimum wage to $10 an hour. While Missouri exempts Public entities like UMSL from complying with the minimum wage, many have expressed concern about our ability to compete in the local job market if we remained below the new minimum. The state minimum wage for 2020 is $9.45/hr. After the move by the local jurisdictions, the Missouri General Assembly approved legislation that prohibited local governments from raising their citi… Beginning January 1, 2023, the state minimum wage of $15 will apply to small employers. The law increases the rate again effective Jan 1, 2022 and we will re-evaluate at that time whether or not adopt it in January. The minimum wage in both cities reverted back to $7.70 per hour—the Missouri state minimum wage at that time. St. Louis wasn’t the only city immediately affected by the new Missouri statute. That means the wage will jump to $9.45 in 2020, $10.30 in 2021, $11.15 in 2022 and $12 in 2023. It will gradually increase by 25 cents per year until reaching $12 per hour in 2023. In Missouri, retail employees with gross annual sales below $500,000 need not follow the minimum wage rate rule. The minimum wage in the United States is set by U.S. labor law and a range of state and local laws. The law will raise the state’s minimum wage from $10.10 to $15 by 2025. HR will process increases for UMSL staff and student employees who aren’t currently paid at the new minimum. The increase will benefit non-seasonal, full-time employees as well as contracted employees. In 2021, it will increase by 85 cents to … Prior to the 2018 ballot decision, Missouri’s state minimum wage increased annually due to indexing. — St. Louis County leaders are taking steps to increase the minimum wage to $15 an hour for county employees by 2022. A proposition to raise the hourly minimum wage in Missouri from $7.85 to $12 passed Tuesday night with more than 60 percent of the vote. In 2018, when voters approved Prop B, it was $7.85. In 2020, it will increase by 85 cents to $9.45. Overview. Planned increases for Missouri's minimum wage, following a bump from $7.85 to $8.60 per hour on Jan. 1, 2019.: • $9.45 per hour beginning Jan. 1, 2020. 2022: $11.15; 2023: $12; After 2023, the rate will be indexed and increase according to the Consumer Price Index (CPI). Prior to the 2020 increases, the last time Illinois increased its minimum wage was more than a decade ago in 2010 when it was raised to $8.25. Large Employers. Just a few important reminders from Human Resources…, Reminder: Complete Required Annual Training. Cook County has a higher minimum wage than the state, currently $13 an hour. The new law increases the minimum wage to $15 per hour by Jan. 1, 2022, for employers with 26 or more employees. Missouri’s minimum wage rate for most workers will climb to $10.30 on Jan. 1 JEFFERSON CITY — For the first time, Missouri’s minimum wage will top $10 per hour for most private sector workers. For those Minnesota employers with annual sales of $500,000 or more, the minimum wage is $9.50/hour. Prop B does not affect HB 1194, and Missouri cities are still prohibited from increasing their local minimum wage above the Missouri rate. JEFFERSON CITY, Mo. Missouri is increasing its minimum wage in 2021 to $10.30 for non-tipped employees. While Missouri exempts Public entities like UMSL from complying with the minimum wage, many have expressed concern about our ability to compete in the local job market if we remained below the new minimum. The minimum wage for the City of St. Louis is the same rate as the minimum wage for the State of Missouri. $13.00: $15.00, effective 1-1-2021 / Annual indexing beginning 1-1-2022: Hayward enacted its own minimum wage in 2020 by city council ordinance. For employers with 25 or fewer employees the minimum wage will reach $15 per hour by Jan. 1, 2023. For small employers, the minimum wage is $7.75/hour. The latter two states are scheduled to hit $15 per hour in 2022 and 2023, respectively. Missouri's state minimum wage rate is $9.45 per hour. Missouri minimum wage currently is $8.60 and will increase to $9.45 tomorrow. Under an ordinance approved by the city council, Kansas City votedto raise the minimum wage to $13 by 2020. As a result, beginning January 1, 2019, the hourly minimum wage in Missouri will increase from $7.85 to $8.60, and will gradually increase by 85 cents per year until it reaches $12.00 per hour in 2023: 2020 – $9.45/hour 2021 – $10.30/hour 2022 – $11.15/hour The study also found that the county was paying too little for other jobs. The current city of Chicago minimum wage is $13.50 an hour for small employers (4 to 20 employees) and $14 an hour for large employers (21 or more employees). 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