SPRINGFIELD, Mo. — Missouri’s minimum wage will increase by $.85 in 2023.
This is the fifth year in a row minimum wage in the Show-Me State has increased by $.85. The minimum wage in 2022 is $11.15. On Jan. 1, 2023, it will increase to $12.
In 2018, Missouri voters voted for a law that increased the minimum wage until 2023.
Year | Minimum Wage |
2015 | $7.65 |
2016 | $7.65 |
2017 | $7.70 |
2018 | $7.85 |
2019 | $8.60 |
2020 | $9.45 |
2021 | $10.30 |
2022 | $11.15 |
2023 | $12.00 |
Who doesn’t get $12 an hour?
Workers who get tips, such as restaurant servers, must be paid $6 an hour. If claimed tips don’t bring the worker’s wage to $12 per hour, the business must increase the wage to meet the minimum wage.
In 2022, the minimum wage for tipped employees was $5.575. These rates are half of the minimum wage in Missouri.
Some retail and services businesses with annual gross sales less than $500,000 may pay their employees less than minimum wage.
Overtime compensation has to be at least time-and-a-half the employee’s regular rate.