Mi Minimum Wage 2024 Policy Editor. The michigan department of labor and economic opportunity announced an increase in the state’s minimum wage rates effective january 1, 2024. Michigan's current minimum wage rate is $10.10 per hour.

On january 1, 2024, michigan’s minimum wage rate will increase from $10.10 to $10.33 per hour as set by michigan’s improved workforce opportunity wage act of 2018 which establishes the annual schedule of increases. Michigan’s minimum wage is set out under the improved workforce opportunity wage act (iwowa), which applies to employers with 2 or more employees aged 16 or older.