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Breaking Down the 2023 EEO-1 Component 1 Instruction Booklet: Updates and Implications
The U.S. Equal Employment Opportunity Commission (EEOC) recently released the 2023 EEO-1 Component 1 Instruction...
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Below you will find a list of minimum wages by state.
| State | Amounts | Date Of Increase |
| Federal | $16.20 on 1/1/2023 for employees working on covered contracts; $13.75 on 1/1/2023 for tipped employees working on covered contracts; $10.95 to employees working on or in connection with a government contract. Fringe benefits paid do not count toward the minimum wage. [85 FR 53850]; $7.50 minimum wage; $2.13 tipped wage | 01/ 01/ 2023 |
| Alabama | $7.25 | 01/ 01/ 2022 |
| Alaska | $10.85 | 01/ 01/ 2023 |
| Arizona | $13.85 | 01/ 01/ 2023 |
| Arkansas | $11 1/1/2021 for employers with 4 or more employees | 01/ 01/ 2021 |
| California | $15.50 on 1/1/2023 for all employers; minimum exempt salary $64,480 on 1/1/2023. $14 for small employers; $15 for large employers on 1/1/2023; reach $15 by 2022; One 1/1/2022 the minimum wage for employers with 25 employees or less is $14.00 per hour, for employers with 26 or more employees, $15.00 per hour Memo regarding overtime exemption for computer software employees issued on 10/18/2021 and increases the compensation threshold for exempt computer professionals to $104,149.81 annually or an hourly wage of $50 every hour workers to remain exempt from paying overtime. CA test for computer professionals differs from the federal regulations. | 01/ 01/ 2023 |
| Colorado | $13.65 | 01/ 01/ 2023 |
| Connecticut | $15 | 01/ 07/ 2023 |
| District of Columbia | $16.10: effective 11/8/22 voters passed Initiative 82 which will gradually phase out by July 1, 2027 the tip credit for DC tipped wage workers. | 01/ 07/ 2022 08/ 11/ 2022 |
| Florida | $10; $11 on 9/30/2022, $12 on 9/30/2023; $14 on 9/30/2024; $15 on 9/30/2026; See Amendment 2 at: https://ballotpedia.org/Florida_Amendment_2,_$15_Minimum_Wage_Initiative_(2020); Poster: https://floridajobs.org/business-growth-and-partnerships/for-employers/display-posters-and-required-notices | 30/ 09/ 2022 |
| Georgia | $7.25 for employers with 6 or more employees | 01/ 01/ 2020 |
| Hawaii | $12 on 10/01/2022; $14 on 1/1/2024; $16 on 1/1/2026; $18 on 1/1/2028 | 01/ 10/ 2022 |
| Idaho | $7.25 | 01/ 01/ 2020 31/ 12/ 2022 |
| Illinois | $13 on 1/1/2023 for employers with 4 or more employees; $14 on 1/1/2024, $15 on 1/1/2025 | 01/ 01/ 2023 01/ 01/ 2025 |
| Indiana | $7.25 for employers with 2 or more employees | 01/ 01/ 2020 31/ 12/ 2022 |
| Iowa | $7.25 | 01/ 01/ 2022 |
| Kansas | $7.25 | 01/ 01/ 2022 |
| Louisiana | No state law but falls to federal minimum wage $7.25 | 01/ 01/ 2022 |
| Maine | $13.80 | 01/ 01/ 2023 |
| Maryland | $13.25 on 1/1/2023; $13.25 for large employers > 15 by 1/1/2023; $12.80 on 1/1/2023 for small employees < $15 minimum wage for all employers, effective 1/1/2024. | 01/ 01/ 2023 |
| Massachusetts | $15.00 | 01/ 01/ 2023 |
| Michigan | $10.10 on 1/1/2023 for employers with 2 or more employees | 01/ 01/ 2023 |
| Minnesota | $8.63 on 1/1/2023 except $10.59 for large employers (> $500K gross sales); $8.43 for all other employers on 1/1/2023 | 01/ 01/ 2023 |
| Mississippi | No state law but falls to federal minimum wage $7.25 | 01/ 01/ 2022 |
| Missouri | $12.00 | 01/ 01/ 2023 |
| Montana | $9.95 on 1/1/2023 for employers with gross annual sales of more than $110,000 | 01/ 01/ 2023 |
| Nebraska | $10.50 on 1/1/2023 for employers with 4 or more employees; $12.00 on 7/1/2024; voters eliminated the two-tier minimum wage system that offered differentiating wages dependent on health insurance offerings. | 01/ 01/ 2023 |
| Nevada | Nevada Employers that do not offer qualified health insurance benefits $10.50 on 7/1/2022; $11.25 on 7/1/2023, $12 on 7/1/2024. Employers offering qualified health insurance benefits: $8.75 on 7/1/2021, $9.50 on 7/1/2022, $10.25 on 7/1/2023 | 01/ 07/ 2022 |
| New Hampshire | $7.25 | 01/ 01/ 2022 |
| New Jersey | $14.13 on 1/1/2023 or $12.70 for employers with fewer than six employees; Employers with 6 or more employees: $13 on 1/1/2022; $14 on 1/1/2023; $15 on 1/1/2024. Employers with 5 or fewer employees or seasonal employees$11.90 on 1/1/2022, $12.70 on 1/1/2023, $13.50 on 1/1/2024, $14.30 on 1/1/2025, $15 on 1/1/2026 | 01/ 01/ 2023 |
| New Mexico | $12.00 | 01/ 01/ 2023 |
| New York | $14.20 | 31/ 12/ 2021 |
| North Carolina | $7.25 | 01/ 01/ 2022 |
| North Dakota | $7.25 | 01/ 01/ 2022 |
| Ohio | $10.10 on 1/1/2023 for employers with annual gross receipts of $372,000 or more; $7.25 for smaller companies with gross receipt of $342.000 or less per year. | 01/ 01/ 2023 |
| Oklahoma | $7.25 for employers with 10 or more full time employees at any one locations and employers with annual gross sales of over $100k irrespective of number of full-time employees. | 01/ 01/ 2023 |
| Oregon | $13.50 on 7/1/2022; $14.75 for Portland Metro area | 01/ 07/ 2022 |
| Pennsylvania | $7.25 | 01/ 01/ 2023 |
| Puerto Rico | $9.50 on 7/1/2023; $10.50 on 7/1/2024 | 01/ 07/ 2023 |
| Rhode Island | $13.00 on 1/1/2023; $14 on 1/1/2024; $15 on 1/1/2025 | 01/ 01/ 2023 |
| South Carolina | No state law but falls to federal minimum wage $7.25 | 01/ 01/ 2022 |
| South Dakota | $10.80 | 01/ 01/ 2023 |
| Tennessee | No state law but falls to federal minimum wage $7.25 | 01/ 01/ 2022 |
| Texas | $7.25 | 01/ 01/ 2023 |
| Utah | $7.25 | 01/ 01/ 2022 |
| Vermont | $13.18 on 1/1/2023; hourly tipped minimum wage to $6.59 | 01/ 01/ 2023 |
| Virginia | $12 on 1/1/2023; $13.50 on 1/1/2025; $15 on 1/1/2026 | 01/ 01/ 2023 |
| Washington | $15.74 on 1/1/2023. The exempt salary threshold for all employers, regardless of size, with Washington-based employees in 2022 will increase to $52,743.50 (or $1,014.30 per week). | 01/ 01/ 2023 |
| West Virginia | $8.75 for employers with 6 or more employees at one location | 01/ 01/ 2022 |
| Wisconsin | $7.25 | 01/ 01/ 2022 |
| Wyoming | $7.25 | 01/ 01/ 2022 |
We understand that dealing with HR compliance and regulations can be an overwhelming experience. At OutSolve, we’re here to make that experience positive and productive. With a commitment to customer services that is unrivaled, you can depend on us for affirmative action planning, OFCCP audit support, pay equity, EEO-1 & VETs, training, and more. For over 20 years our experts have helped companies take care of their compliance needs. Contact us today to find out more.
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