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For Immediate Release: Friday, June 23, 2023
The minimum wage will again increase in Montgomery County on July 1. Sponsored by then-County Council member, and current County Executive, Marc Elrich and signed into legislation on Nov. 17, 2017, Bill 28-17 raises the minimum wage incrementally each July 1.
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Based on the consumer price index for all urban wage earners and clerical workers (CPI-W) for Washington, D.C.-Arlington-Alexandria area, the Montgomery County Chief Administrative Officer has set the rate for the increase of minimum wage for July 2023 for large employers (those with 51 employees or more) at $16.70 per hour.
After hitting the $15 minimum wage rate in 2021, the law requires the Chief Administrative Officer to adjust the rate each year.
The change is based on the previous calendar year. Previous years were based on rate of increase determined by the Montgomery County Council to get to $15.
Starting July 1, the County minimum wage will increase to $16.70 per hour for large employers. The rate for mid-sized employers (with 11-50 employees) will be $15 per hour. The rate for small employers (with 1-10 employees) will be $14.50 per hour.
Starting Jan. 1, 2024, Maryland State Law requires all employers to pay employees $15 per hour.
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Release ID: 23-267
Media Contact: Barry Hudson 240-300-7348
Categories: Business
For updates and link to press release, see here: http://www2.montgomerycountymd.gov/mcgportalapps/Press_Detail.aspx?Item_ID=43586
