Michigan SB0008 amends minimum wage rates and adjusts them annually based on inflation.
Michigan SB0008 amends the minimum wage rates, setting them at $10.00 starting February 21, 2025, and increasing annually until reaching $15.00 in 2027. The state treasurer calculates an adjusted minimum wage rate every October, based on the consumer price index for urban wage earners and clerical workers. The adjusted rate takes effect January 1 of the following year. The bill also mandates employers to inform employees of their plan to distribute service charges and requires them to keep compliance records for three years.
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