What You Need to Know About Idaho’s Minimum Wage

What You Need to Know About Idaho’s Minimum Wage
Are you business owner in Idaho? Here’s a guide to keep you up-to-date on minimum wage in your state.
by Colleen Egan Sep 01, 2022 — 3 min read
What You Need to Know About Idaho’s Minimum Wage

As a small-business owner in the Gem State, we know you want to stay on top of recent increases to Idaho’s minimum wage in 2020-21. That’s why we put together this quick guide to help you get started.

What is the minimum wage in Idaho?

The state minimum wage in Idaho is $7.25. This is the same as the federal minimum wage, which has not changed since July 2009. Idaho is one of 21 states that follow the federal minimum wage.

There are some exceptions to the $7.25 minimum wage:

What’s happening with the minimum wage in Idaho beyond 2022?

The Idaho state legislature is not currently considering any bills that would increase the minimum wage. However, there is a minimum wage increase initiative that is currently circulating for a $12 minimum wage in Idaho. The initiative was set to increase the minimum wage to $8.75 per hour in 2021 and have the Idaho minimum wage in June 2024 set at $12 per hour.

The Idaho minimum wage increase initiative was not on the November 2020 ballot as an initiated state statute. On March 17, 2020, Idahoans for a Fair Wage announced that they were suspending their signature drive due to the coronavirus pandemic. The campaign reported having collected more than 32,00

How should small business owners prepare for minimum wage increases?

Right now, there are no plans in the near term for a new minimum wage in Idaho. However, state lawmakers have raised the issue in recent years, especially in response to recent studies that showed a number of minimum wage workers in Idaho were making less than the federal minimum wage.

Although Idaho’s minimum wage has remained the same for more than 10 years, it’s a good idea to discuss minimum wage law with your accountant and lawyer to ensure that you remain in compliance and avoid payroll mistakes.

Here are some other steps you can take to make sure your business is ready for anything:

Colleen Egan
Colleen Egan writes for Square, where she covers everything from how aspiring entrepreneurs can turn their passion into a career to the best marketing strategies for small businesses who are ready to take their enterprise to the next level.

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