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.
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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.