Minnesota Minimum Wage Earners Will See 26 Cent Pay Raise in 2023
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St. Paul, MN (KROC-AM News) - State officials today announced the new state minimum wages for next year.
The Minnesota Department of Labor and Industry says the hourly minimum wage for large employers will rise from $10.33 to $10.59 an hour on January 1. Large employers are defined as those with more than $500,000 of gross revenue for the four most recent quarters.
The minimum wage for small employers will be increased from the current $8.42 an hour to $8.63. Under state law, the state minimum wage is adjusted annually for inflation. The increase that will take effect on January 1 is based on a price index that is risen 2.5%, which will add 26 cents to the large employee minimum wage and 21 cents to the minimum pay for small employers.
Own Your Own Gorgeous Flower Farm in Southeast Minnesota for $1,495,000!
If you've ever wanted to own your own business and you love nature, I just found the ultimate experience waiting for you in Minnesota!
A 54-acre flower farm called Hidden Springs Flower Farm in Southeast Minnesota is looking for a new owner. According to the real estate listing, the property is $1,495,000 and is home to over 600 peony varieties. The sale includes the following:
- 53.54 acres in Spring Grove, Minnesota
- Greenhouse and Nursery building which is heated but also has a walk-in cooler, bathroom, and office
- architect-designed home and acreage which also has a pond, woods, open fields, and many trees which includes several fruit-bearing trees
Check out the gorgeous photos of the property below and if you are interested, see the full listing by Krista Wolter Real Estate Group - Coldwell Banker Real Estate LLC at Coldwell Banker Homes here.