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Minimum Wage. Most employees must be paid the Maryland State Minimum Wage Rate. Tipped Employees Tipped Employees (earning more than $30 per month in tips) must earn the State Minimum Wage Rate per hour. Employers must pay at least $3.63 per hour. This amount plus tips must equal at least the State Minimum Wage Rate.
Most employees must be paid the Maryland State Minimum Wage Rate. Tipped Employees (earning more than $30 per month in tips) must earn the State Minimum Wage Rate per hour. Employers must pay at least $3.63 per hour. This amount plus tips must equal at least the State Minimum Wage Rate.
Effective Jan. 1, 2024, assuming a $15.00 minimum wage rate for all Maryland employers, the threshold would be $22.50 per hour, or approximately $46,800.
Maryland’s hourly minimum wage will rise to $15 for all employers effective Jan. 1, 2024, under a bill (SB 555) Gov. Wes Moore (D) signed April 11. Previously, state law contained scheduled increases in the minimum wage effective Jan. 1, 2024, to $14 from $13.25 for employers with at least 15 employees and to $13.40 from $12.80 for employers ...
Maryland Minimum Wage 2024. Maryland’s current minimum wage is $15.00, except in Montgomery counties. MD Statutes, Labor and Employment 3-413; Maryland Minimum Wage and Overtime Law. Employers in Prince George’s County and Montgomery County will be required to pay the state minimum wage once it is greater than the local county minimum wage ...
Takeaway: The minimum wage rate will increase to $15.00 per hour on January 1, 2024. As many of you will likely recall, a law was passed in 2019 that increased the minimum wage rate for employers with 15 or more employees in increments from the then-applicable rate of $10.10, to $15.00 by January 1, 2025.
Maryland has raised the minimum wage to $15 per hour across the state, as of January 1, 2024, under Md. Code, Lab. & Empl. § 3-413. 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 .