News & Fun in Michigan
Bank of America has increased its minimum hourly wage to $24, aiming for $25 by 2025, thus raising full-time salaries to nearly $50,000 annually. This move enhances employee financial security and work-life quality, promoting competitive pay in the industry. The increase may influence other employers amid rising living costs, especially in Michigan.
State Representative Graham Filler proposes new legislation to protect local businesses from Michigan minimum wage hikes and sick leave mandates set to take effect in 2025. Bipartisan Bills Aim to Temper Supreme Court-Mandated Wage Increases State Rep. Graham Filler, R-Duplain Township, …
Michigan’s minimum wage will increase in 2025 due to a Supreme Court ruling reinstating voter-initiated laws. Starting January 1, the standard minimum wage will rise from $10.33 to $10.56, with further increases to $12.48 on February 21. Additional wage adjustments will occur annually from 2026 through 2028, affecting all employee categories.
23 states hiked their minimum wage in 2022. If you are wondering what you would earn making minimum wage we have this calculator for you. The result shows what your gross earnings would be in any state.
