Minnesota State Minimum Wage 2024 Salary. The 2024 minimum wage rate for small employers will. This is up 26 cents from.
The federal government first set a minimum wage in 1938, imposing a rate of 25 cents per hour (about $5.40 in 2023 dollars when adjusted for inflation). The following is a comprehensive list of the 2024 exempt status salary threshold by city and state.