Michigan HB4001 amends minimum wage rates and adjusts them annually based on consumer prices.

Michigan HB4001 amends the minimum wage rates, setting specific amounts for different years and allowing annual adjustments based on consumer prices. It also allows a lower wage for new employees under 20 years old and prohibits employers from displacing employees to hire at a lower wage. The wage and hours division of the department of licensing and regulatory affairs must post the adjusted minimum wage on its website by February 1 each year, with the new rate effective April 1. The bill repeals the improved workforce opportunity wage act, 2018 PA 337.

Michigan HB4001 amends minimum wage rates and adjusts them annually based on consumer prices.

Michigan HB4001 amends the minimum wage rates, setting specific amounts for different years and allowing annual adjustments based on consumer prices. It also allows a lower wage for new employees under 20 years old and prohibits employers from displacing employees to hire at a lower wage. The wage and hours division of the department of licensing and regulatory affairs must post the adjusted minimum wage on its website by February 1 each year, with the new rate effective April 1. The bill repeals the improved workforce opportunity wage act, 2018 PA 337.