Minimum Wage In Alaska 2025

Minimum Wage In Alaska 2025. What State Has The Highest Minimum Wage 2025 Nelly Peggie The Alaska minimum wage will increase from $11.73 to $11.91 in 2025, starting on New Year's Day This is calculated by multiplying all hours worked in the pay period by $11.91

Applying that percentage increase to the current minimum wage of $11.73 produces a new minimum wage effective Jan The Alaska minimum wage will automatically increase from $11.73 to $11.91 on Jan

Alaska’s minimum wage will increase in 2025 State

The current minimum wage is $11.73, thanks to an 8.1 percent inflation adjustment a year ago, as required by a 2014 ballot initiative Applying that percentage increase to the current minimum wage of $11.73 produces a new minimum wage effective Jan That is the result of a decade-old ballot initiative that voters passed, tying the minimum wage to the Consumer Price Index for urban consumers in the Anchorage metropolitan area, as calculated for the prior year

Greg Sarber Who benefits from Alaska's minimum wage initiative? Must. The Alaska Department of Labor and Workforce Development has calculated the adjustment for 2025, increasing the minimum wage by 1.5 percent to $11.91 for January through June. A full time minimum wage worker in Alaska working will earn $469.20 per week, or $24,398.40 per year

Understanding the impact of Alaska’s proposed 15 minimum wage. Alaska Statute 23.10.050 - 23.10.150 establishes minimum wages and overtime pay standards for employment subject to its provisions All actual hours worked in a pay period multiplied by.