Maryland Minimum Wage 2024 Per Hour Chart. Tipped employees tipped employees (earning more than $30 per month in tips) must earn the state minimum wage rate per hour. Beginning january 1, 2024, the maryland minimum wage will increase to $15 per hour for all employers.
The minimum wage for 2023 varies based on the number of employees: 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.
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.
Under the plan passed in 2019, the state is on a path to increase its minimum wage to $15 per hour for most employers by 2025.
Maryland Has Raised The Minimum Wage To $15 Per Hour Across The State, As Of January 1, 2024, Under Md.
Employers must pay at least $3.63 per hour.
Employers With 15 Or More Employees.
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Maryland A Few Years Ago Implemented A Rising Minimum Wage Schedule, And In 2023, Maryland Sped The Schedule Up To Reach $15 Per Hour This Year, Under Maryland's Fair Wage Act Of 2023.
Employers must pay at least $3.63 per hour.
However, Smaller Businesses With Fewer Than 15 Employees Should Prepare For Incremental Increases, Aiming For $15.50 By January 1, 2026, And Eventually Reaching $16.00 By July 1, 2026.
All maryland employers will have to pay their hourly employees a minimum wage of $15 per hour starting jan.
Maryland Has Raised The Minimum Wage To $15 Per Hour Across The State, As Of January 1, 2024, Under Md.