State Of Maryland Minimum Wage 2024 Table. Labor costs go up for maryland employers starting january 1, 2024, thanks to the fair wage act of 2023 (aka senate bill 555 ). Most employees must be paid the maryland state minimum wage rate.
The state law excludes from coverage any employment that is subject to the federal fair labor standards act when the federal. All maryland employers will have to pay their hourly employees a minimum wage of $15 per hour starting jan.
In 2023, The Minimum Wage In Maryland Was $13.25 Per Hour For Businesses With 15 Or More Employees And $12.80 For Small Businesses With 14 Or Fewer.
The table below lists the current prevailing 2024 minimum wage rates for every state in the united states.
Effective January 1, 2021, The Minimum Wage Rate That An Employer Is Required To Pay Depends On The Size Of The Employer.
However, many states have separate minimum wage laws.
State Of Maryland Minimum Wage 2024 Table Images References :
This Requirement Stems From The Enactment Of Maryland Senate Bill 555 (Sb555 ), Also Known As The Fair Wage Act Of 2023, Which Was Signed Into Law By Maryland Governor Wes Moore On April 11, 2023.
In 2023, the minimum wage in maryland was $13.25 per hour for businesses with 15 or more employees and $12.80 for small businesses with 14 or fewer.
The Minimum Wage Is The Lowest Wage An Employer Can Pay An Employee.
The state law excludes from coverage any employment that is subject to the federal fair labor standards act when the federal.