Minimum wage jumps to $9.50 an hour in Minnesota

Not all businesses will have to raise pay

It’s a raise for many in Minnesota beginning today. 

Among the many new laws taking effect in the state today is the one that implements the final step in the three-year process to increase the state’s minimum to $9.50.

The state estimates nearly 300,000 workers will benefit from the pay hike. But not all minimum wage workers will get a raise.

The minimum increase is for large employers only – those businesses with less than a half million dollars a year in gross revenue can still pay a minimum wage of $7.75 an hour.

That, of course, is still higher than the $7.25 an hour paid in Iowa and Wisconsin.