Minneapolis Minnesota Minimum Wage 2024. On january 1, 2024, larger employers (more than 100 employees) and franchises started paying at least $15.57. On july 1, 2024, all other employers (100 or fewer employees) reached the same required minimum.

The $15 minimum wage, which will be the rate for all large and small businesses in minneapolis and st. Minnesota’s minimum wage rates will be adjusted for inflation on jan.