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Check our blog for updates on regulations or resources that can be used to help you and your business achieve your financial goals.


New Minimum Wage for Missouri

Posted by Admin Posted on Jan 11 2019
Missouri’s minimum wage has increased with the passing of the new year.  Effective, January 1, 2019, workers receiving minimum wage will now make $8.60 per hour, up from $7.85 in 2018. With the passage of Proposition B in November’s election, the wage will increase 85 cents a year to reach $12.00 in 2023.

Employers engaged in retail or service businesses whose annual gross income is less than $500,000 are not required to pay the state minimum wage rate.  Employers not subject to the minimum wage law can pay employees wages of their choosing.