WebSalary Range, Minimum Wage, and Starting Salary Salaries in Michigan range from 27,700 USD per year (starting salary) to 489,000 USD per year (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals ... WebJan 25, 2024 · Weekly Minimum Wage: $404.00 (based on a 40-hour week). Yearly Minimum Wage: $21,008.00 (based on being paid 52 weeks per year). This is before deducting the Michigan income tax rate of 4.25%. Michigan …
Minimum wage increases in 2024 - Ballotpedia
WebIn 2024, the minimum wage was set to increase in 27 states. The increases range from $0.23 in Michigan (a 2.28% increase from 2024) to $1.50 in Nebraska (a 14.29% increase from 2024). ... Michigan: Michigan's minimum wage increased from $9.87 to $10.10 on January 1, 2024. Under Senate Bill 1171 of 2024, the then-current general minimum wage … WebDec 7, 2024 · The question: How much will Michigan’s minimum wage increase in 2024? The answer: It’s complicated. We know that the state’s minimum wage for non-tipped workers … how far to bristol tn
History of Changes to the Minimum Wage Law U.S. Department of Labor - DOL
WebJul 15, 2024 · The minimum wage in Michigan is currently set at $9.65 per hour. Under federal law, states may raise the minimum wage above the federal level but not below it. Michigan’s minimum wage law has a conditional annual increase schedule and is expected to increase by a half-percentage point every year after that date. WebJan 7, 2015 · The minimum wage is the minimum hourly wage an employer can pay an employee for work. The current federal minimum wage is $7.25/hour, however many states, counties, and cities have established their own minimum wage laws. This quick reference chart outlines the minimum wage rates by state for 2015. Minimum Wage Rates Chart by … WebAug 15, 2024 · What is the new minimum wage in Michigan? The ballot measure would have raised the minimum wage from $10 in 2024 to $12 by 2024, but lawmakers changed the law so the minimum wouldn’t reach that rate until 2030. how far to bury electric wire