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Starting January 1, 2024, the new minimum salary threshold is $816.35 per week, or $42,450.20 per year. This is only one of the factors used in determining whether a worker is exempt from overtime pay under federal or state law.
The new law appears to now require private employers with 10 or more employees to pay out an employee's unused, accrued vacation time when their employment ends. The law takes effect on January 1, 2023.
Effective January 1, 2024, Maine will enact the following changes: The statewide minimum wage will increase to $14.15 per hour. The tipped employee wage will be $7.08 per hour; combined with weekly tips, the minimum must total at least $14.15 per hour.
Gov. Janet Mills signed a $10.3 billion state budget into law July 11, 2023, at the State House in Augusta, Maine. Maine will become the 13th state to require many employers to offer paid family and medical leave to workers following Gov. Janet Mills' approval of a budget containing start-up money for the new law.
It's adjusted annually based on a set formula, which means it'll increase to $16.28 on Jan. 1, 2024. There are 25 states increasing its minimum wage in 2024. One of the states not increasing minimum wage in 2024 is Massachusetts, where the minimum wage increased from $14.25 to $15 on Jan.
Effective January 1, 2023, the minimum wage in Maine is $13.80 per hour. Employers with employees who work in Bangor and/or Portland or any other municipality that passes a local minimum wage ordinance, may be subject to additional regulations and should check with municipal officials.
New Minimum Wage Increases Effective DateState Minimum WageMinimum Direct Service Wage1/1/2024$14.15$7.081/1/2023$13.80$6.901/1/2022$12.75$6.381/1/2021$12.15$6.082 more rows
Employees accrue 1 hour of Earned Paid Leave for every 40 hours worked, up to 40 hours in a defined year. Employees can use their accrued Earned Paid Leave for any reason such as an emergency, illness, sudden necessity, planned vacation, etc. Employees can use up to 40 hours of leave in any defined year.