Archives

Tag: Regulatory Rundown

Regulatory Rundown: December 2023/January 2024 Michigan Retailer

Capitol dome image

Regulations Affecting Your Business

Michigan’s minimum wage increases to $10.33 on Jan. 1, 2024

On Jan. 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.

Regulatory Rundown: October/November 2023 Michigan Retailer

Capitol dome image

Regulations Affecting Your Business
Unemployment Taxable Wage Base unchanged for 2024

Employers will not see a change next year in the taxable wage base (the amount of an employee’s wages taxed by UIA).