Maryland Minimum Wage Is Set To Rise To $15.00 Per Hour On January 1, 2024
Get ready to pay your employees more! On January 1, 2024, minimum wage in Maryland is set to increase to $15.00 per hour for all employers. This is a fairly substantial increase as it is effectively two years of increases at once. The 2023 minimum wage rate for large employers (15 or more employees) is $13.25 per hour and for small employers it is $12.80 per hour. This is the last of four years of gradual increases that began in 2019. The...
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