LLP_News_Alert_NEW_BRANDING


UHY LLP Michigan Practice
This_Just_In
QUICK LINKS
ARCHIVE
Missed an issue? New subscriber? Visit our news archive.

Join Our Mailing List
Main
MICHIGAN MINIMUM WAGE INCREASE EFFECTIVE JANUARY 2017

Effective Jan. 1, 2017, minimum wage employees in Michigan will see an increase of 40 cents per hour from $8.50 to $8.90. For 2017 budgets that translates to an extra $16 per week per fulltime employee, or $832 per year. The law, Public Act 138 known as the Workforce Opportunity Wage Act (WOWA) of 2014 took effect on May 27, 2014 when minimum wage was $7.90, which has gradually increased to the current $8.50. There will be one more increase on Jan. 1, 2018 to the final rate of $9.25.

There is a youth training wage that allows an employer to pay a newly hired employee aged 16 to 19 the hourly rate of $4.25 for the first 90 days of employment. Additionally, there is a provision that allows an employer to pay 85 percent or $7.57 to employees aged 16 and 17. The minimum hourly rate for an employee subject to the tip credit provisions is $3.38 per hour. Finally, employers covered by both state and federal minimum wage law must pay the higher of the two rates.

How do other states compare? Click here to see current minimum wages, highlights and future enacted increases broken down by state.

  




Published by UHY LLP News.
Copyright � 2016 UHY LLP. All rights reserved.

Our firm provides the information in this newsletter as tax information and general business or economic information or analysis for educational purposes, and none of the information contained herein is intended to serve as a solicitation of any service or product. This information does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisors. Before making any decision or taking any action, you should consult a professional advisor who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of "UHY Advisors." UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms. UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. and UHY LLP are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. "UHY" is the brand name for the UHY international network. Any services described herein are provided by UHY Advisors and/or UHY LLP (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.