Michigan Minimum Wage to Hit $9.25 by 2018

The move had bipartisan support in the legislature

   

On Tuesday, Michigan Governor Rick Snyder signed into law a bill that will boost the Michigan minimum wage to $9.25 per hour in four years.

Michigan Michigan Minimum Wage to Hit $9.25 by 2018The bill, which enjoyed bipartisan support in both houses of the state’s GOP-controlled legislature, increases the Michigan minimum wage from a current level of $7.40 per hour for workers who receive tips, Reuters notes.

Snyder, who is a Republican, hailed the Michigan minimum wage hike as “good for the hard-working people of Michigan.”

The Michigan minimum wage will reach $9.25 per hour by 2018. Beginning in 2019, the Michigan minimum wage will be tied to the rate of inflation. Annual hikes will be capped at 3.5%.

A number of other states are considering hikes to their minimum wage laws. Earlier this month, Maryland passed a bill increasing its minimum wage to $10.10 an hour by 2018.

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