Alaska’s minimum wage will increase to $9.84 in 2018

The minimum wage in Alaska will rise from $9.80 to $9.84 effective January 1, 2018.
Pursuant to Alaska Statute 23.10.065, the Alaska minimum wage is to be adjusted annually for inflation based on the Consumer Price Index for all urban consumers for the Anchorage metropolitan area (Anchorage CPI-U) for the proceeding January-December calendar year.
The Anchorage CPI-U increased 0.4% in 2016, rising from 216.909 to 217.830. As a result the state minimum wage will increase by four cents to $9.84 on January 1.
The Alaska minimum wage increase applies to all employees in the private sector, whether working in a for-profit, not-for-profit or non-profit business. Tips do not count toward the minimum wage.
Also, under Alaska Statute 23.20.065, public school bus driver wages must be compensated at not less than twice the current state minimum wage rate.
Alaska Statute 23.10.055 requires certain exempt employees to be paid on a salary basis at a rate not less than twice the state minimum wage based on a 40-hour workweek (The State of Alaska, Department of Labor and Workforce Development, Administrative Services Division, Research and Analysis Section, Minimum wage Determination, October 3, 2017, http://labor.state.ak.us/lss/forms/2018_Minimum_Wage_Determination.pdf.)

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