The state’s minimum wage will increase by 18 cents to $11.91 an hour at the start of the new year.
A sign at a Carl's Jr. restaurant in Midtown Anchorage, seen on Wednesday, Nov. 27, 2024, advertises for workers and cites a starting wage of $15 an hour. Alaska's minimum wage will rise to $11.91 an hour starting Jan. 1, six months before the first increase approved by voters through this year's Ballot Measure 1 start to take effect. Under terms of the ballot measure, Alaska's minimum wage will reach $15 an hour in mid-2027.
The state’s minimum wage will increase by 18 cents to $11.91 an hour at the start of the new year, the result of a ballot measure passed 10 years ago, the Alaska Department of Labor and Workforce Development The 2014 ballot initiative also included an inflation adjuster. The upcoming 18-cent-an-hour increase was calculated according to that adjuster, the department said. The calculation used the consumer price index for the Anchorage metropolitan area, which increased by 1.5% in 2023, the department said.requires salaried employees to be paid at least twice the amount that minimum-wage workers would earn for a full workweek. Starting Jan. 1, that minimum pay for salaried workers will rise from $938.
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