global Tax Minimum Wage Increases for 2024 January 11, 2024 Disclaimer This post was published more than two years ago, and some information may now be out of date. We want to help you make the best decisions possible—please connect with your advisor or check out our latest resources for the most current guidance. New year, new minimum wages in 22 states. Read up on the 2024 wages here. 22 states have increased their minimum wages for 2024. Here’s a look at the new wages.STATE2024 MINIMUM WAGE2023 MINIMUM WAGEAlaska$11.73$10.85Arizona$14.35$13.25California$16.00$15.50Colorado$14.42$13.65Connecticut$15.69$15.00Delaware$13.25$11.75Hawaii$14.00$12.00Illinois$14.00$13.00Maine$14.15$13.80Maryland$15.00$13.25Michigan$10.33$10.10Minnesota$10.85$10.59Missouri$12.30$12.00Montana$10.30$9.95Nebraska$12.00$10.50New Jersey$15.13$14.13New York (NYC, Long Island, and Westchester)$16.00$15.00New York (remainder of state)$15.00$14.20Ohio$10.45$10.10Rhode Island$14.00$13.00South Dakota$11.20$10.80Vermont$13.67$13.18Washington$16.28$15.74What about Massachusetts?MA’s minimum wage will remain $15 per hour in 2024. There are talks about pushing a ballot question that would phase out the state's service rate by 2029, a current provision that allows tipped employees to compensate workers at $6.75 per hour, provided that customer tips bridge the gap between this rate and the state's $15 minimum wage.For guidance on these increases, contact us.