McCullough & Associates Blog

Jan 10, 2017

Missouri Minimum Wage Increase for 2017

Missouri's minimum wage increased to $7.70 per hour, effective January 1, 2017.  All businesses are required to pay at minimum, the $7.70 per hour rate, except retail and service businesses whose annual gross sales are less than $500,000.  In addition, overtime compensation must also be paid at a rate not less than one and one-half times a covered employee's regular rate for all hours works…