EB3_DETAILS

Maryland Minimum Wage to Increase to $15 an Hour

04/15/2019 Written by: Megan DiMartino

On March 28, 2019, Maryland’s legislature overrode Republican Governor Larry Hogan’s veto to raise the state’s minimum wage limit to $15.00 per hour from the current minimum wage of $10.10 per hour. This now makes them the sixth state to increase their minimum wage. The other states include California, Illinois, Massachusetts, New Jersey and New York.
The new minimum wage will not take effect immediately, but rather on a yearly increase schedule. Large employers, with at least 15 employees, will start their increases on January 1, 2020, to reach the end goal of $15.00 by January 1, 2025. And for small employers, with fewer than 15 employees, will have an extra year to reach the new minimum wage.

Large employer increased minimum wage schedule:

  • January 1, 2020                $11.00
  • January 1, 2021                $11.75
  • January 1, 2022                $12.50
  • January 1, 2023                $13.25
  • January 1, 2024                $14.00
  • January 1, 2025                $15.00

 
Small employer increased minimum wage schedule:

  • January 1, 2020                $11.00
  • January 1, 2021                $11.60
  • January 1, 2022                $12.20
  • January 1, 2023                $12.80
  • January 1, 2024                $13.40
  • January 1, 2025                $14.00
  • January 1, 2026                $14.60
  • July 1, 2026         $15.00

 
For businesses with employees under the age of 18 may pay them a minimum wage equal to 85% of the state’s minimum wage.
Tipped Employees
Also under the new legislation, Commissioner of the Maryland Division of Labor and Industry (DLI) will adopt regulations requiring restaurant employers to provide wage statements to employees per pay period. These wage statements must show the employees’ hourly tip rate (derived from employer-paid cash wages) plus all reported tips (for tip credit hours) worked each workweek.
Source: Jackson Lewis | Maryland Approves Minimum Wage Increase to $15 an Hour

Exploring-New-Opportunities-with-Employee-Benefits
Exploring New Opportunities with Employee Benefits
Blog03/13/2025
employee-benefits captives

Employers frustrated with a lack of options and the increased costs of their employee benefits program are beginning to evaluate the potential value of captive coverage. Captives are alternative risk...

How-Organizational-Health-Advocacy-Builds-Better-Outcomes
How Organizational Health Advocacy Builds Better Outcomes
Blog03/06/2025
employee-benefits

In today’s dynamic landscape, employee well-being isn’t just an optional perk—it’s a necessity to attract and retain top talent, manage ballooning costs and stay ahead of quickly-evolving healthcare...

Arkansas-Rule-128-Compliance-Guide
Arkansas Rule 128 Compliance Guide: Pharmacy Compensation Reporting for Group Health Plans
Blog02/24/2025
employee-benefits compliance

The Arkansas Insurance Department (AID) recently created a new reporting obligation that requires group benefit plans to submit certain pharmacy compensation information that may then be used to...