Montana’s hourly minimum wage will rise to $10.30 from $9.95 effective Jan. 1, 2024, according to the state labor and industry department’s website.
The announcement confirms Bloomberg Tax’s Sept. 14 calculations.
The state updated its minimum wage poster to reflect the increase. The poster is available in English and Spanish.
The state minimum wage applies to businesses with annual gross sales of more than $110,000, under state law. Businesses with annual gross sales of $110,000 or less may pay a $4 hourly minimum wage to employees unless they are required to pay at least the federal minimum ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.