Your Guide to the Minimum Wage in Indiana

Your Guide to the Minimum Wage in Indiana
Small business employers and their employees should be aware of the minimum wage requirements in Indiana.
by Meredith Galante Oct 02, 2023 — 2 min read
Your Guide to the Minimum Wage in Indiana

There’s been a lot of news about changes to the minimum wage. And since the minimum wage can vary by state, county, and even by city, it can be confusing to know what you actually need to pay your employees. Indiana business owners, we’ve got a short summary for you.

We’ve compiled what you need to know about the minimum wage in Indiana in 2024 and beyond and provided some ideas on how to prepare for any future changes.

What is the minimum wage in Indiana in 2024?

The Indiana minimum wage is $7.25 an hour, the same as the federal minimum wage. Employers that have two or more employees must follow this minimum wage. The Indiana minimum wage was last changed in 2009, when it was raised by $0.70.

Some employees who are exempt from this minimum wage include:

Will there be an Indiana minimum wage increase in the future?

While there are proposals for increases to the Indiana minimum wage being advocated for by some in local government, there are currently no plans for an increase.

How should Indiana business owners prepare for changes to the minimum wage?

Since Indiana has proposed laws to raise its wages consistently over the next couple of years, it’s time to get prepared. Here are some steps to help you be ready for an increase in minimum wage in Indiana:

As always, to make sure your business is prepared and stays in compliance (such as getting an EIN), you should discuss Indiana’s minimum wage and overtime laws with your accountant and lawyer.

Meredith Galante
Meredith Galante is a freelancer writer based in New York City. She's been writing for Square since 2017 where she's covered everything from the best software for restaurants to use to maximize profit, minimum wage laws across the country, and tips for entrepreneurs to maximize their impact.

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