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Minneapolis considers Uber/Lyft minimum wage
Uber and Lyft drivers are hoping the Minneapolis city council will give them what Governor Tim Walz wouldn’t — a guaranteed raise. A council committee voted Tuesday afternoon to move forward with a rideshare minimum wage ordinance, probably the drivers’ last change for change in 2023.
ST. PAUL, Minn. (FOX 9) - Minnesota will have a new minimum wage beginning on Jan. 1, 2025, as rates are adjusted for inflation.
Minnesota minimum wage
By the numbers: Minnesota's new minimum wage will be raised to $11.13 an hour for all employers, including large employers, small employers, youth and J-1 visa wages, beginning in the new year.
Minnesota law still allows for a 90-day training wage for workers under age 20 – the current hourly training wage of $8.85 will increase to $9.08 at the same time.
As part of Minnesota's employee notice requirement, employers will be required to provide each employee with a written notice of any change before it takes effect.
Annual salaries
Big picture view: For workers earning the Minnesota minimum hourly wage, and working 40 hours a week, annual wages in 2024 are $22,568 for workers at large employers, and $18,408 for workers at small employers, according to the most recent state data.
However, effective Jan. 1, 2025, annual wages will be $23,150 for both large and small employers.
Minneapolis, St. Paul
Dig deeper: The state minimum wage rates do not apply in the cities of Minneapolis and St. Paul, which have higher minimum wage rates.
The minimum wage for large employers in Minneapolis and small employers in St. Paul reached $15.57 on Jan. 1, 2024. Adjusted for inflation, it will increase to $15.97.
Meanwhile, minimum wages for small employers in Minneapolis and large employers in St. Paul will also increase to $15.97 on Jan. 1, 2025.
The Source: Information for this story was provided by the Minnesota Department of Labor and Industry.