Human Resources Management for Startup and Growing Companies

The wage will go to $10.50 by 2017; $11 by 2018; $11.75 by 2019; and $12.50 by 2020. Small businesses (with 100 employees or less) will be on a different schedule, working from a timeline that is a year behind larger establishments. By offering health benefits, employers will be able to get a $2 credit, as long as they continue complying with the state minimum wage—which goes up to $10 per hour in January, 2016.