341K MD Minimum Wage Workers To Get Pay Raise Jan. 1

The minimum wage in Maryland will increase to $15 an hour on Jan. 1, 2024, as the Fair Wage Act of 2023 takes effect, which was signed into law by Gov. Wes Moore on April 11. For companies that employ more than 15 people, this change wasn’t supposed to go into effect until January 1, 2025. However, under the legislation Moore signed, it takes effect next month. Effective Jan. 1, 2023, Maryland minimum wage went to $13.25 for large employers and $12.80 for small employers on Jan. 1, 2023. For...