Alaska Minimum Wage Increase Effective February 24

As previously shared in our CPC blog, Alaska voters approved proposal to increase their state’s minimum wage rate on Election Day. The measure called for a January 1, 2015 increase, but in accordance with the Alaska Constitution, an initiated law becomes effective ninety days after certification.

Alaska’s minimum wage will increase from $7.75 per hour to $8.75 per hour on February 24^th. The new law will also increase the minimum wage rate to $9.75 per hour on January 1, 2016. From there on, the minimum wage rate will be adjusted based on inflation.

The minimum wage applies to all employees in the private sector, with some limited exceptions. Employers can stay compliant by updating the Alaska All-On-One^TM poster or purchasing the Alaska 2015 Minimum Wage Peel ‘N Post^TM.