Maryland Minimum Wage 2026

Maryland Minimum Wage 2026. Maryland minimum wage rates increase to $12.50 per hour in january and are scheduled to increase to $14 per hour by 2024 for businesses with more than 15 employees. Maryland senate bill 555, the fair wage act of 2023, signed into law by moore on april 11, accelerates the pace at which maryland will reach a $15.00 minimum wage.

Most employees must be paid the maryland state minimum wage rate. (ix) beginning july 1, 2026, $15.00 per hour.