The first minimum wage increase for employers in Minneapolis with 100 or less workers will take effect on July 1, 2018. Workers of these small businesses are required by law to be paid $10.25 per hour effective on July 1. Businesses with 100 or more workers are required to pay their workers $11.25 per hour on July 1, 2018.
This follows the tiered phase in period to gradually reach a $15 per hour minimum wage. The tiered phase-in period will raise the minimum wage each July 1 going forward until they reach the $15 minimum wage. Large businesses will reach that in 2022, and 2024 for small businesses. Large businesses were required to raise the minimum wage to $10 per hour on January 1, 2018.