Mi Minimum Wage 2024 Impact Factor. — michigan’s minimum wage is set out under the improved workforce opportunity wage act (iwowa), which applies to employers with 2 or more employees. On january 1, 2024, michigan's minimum wage rate will increase from $10.10 to $10.33 per hour as set by michigan's improved workforce opportunity wage act of 2018 which establishes the annual schedule of increases.
The 85% rate for minors aged 16 and 17 will increase to $8.78 per hour. Federal and state minimum wage rates, annual.
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