MONTANA – Governor Steve Bullock announced Montanans earning minimum wage will see the rate increase to $8.75 per hour beginning January 1, 2021.
The minimum wage is determined by taking the current minimum wage of $8.65 and increasing it by the CPI-U increase from August of 2019 to August 2020. The CPI-U increased by 1.31% (unadjusted) over the year ending August 2020. To keep the minimum wage at the same purchasing power as the prior year, the wage should increase by $0.11 per hour. However, since state statute requires the wage to rounded to the nearest 5 cents, the 2021 minimum wage rate will be $8.75.
For more information on minimum wage in Montana, visit DLI’s Research and Analysis Bureau’s website athttp://lmi.mt.gov/Publications/minimum-wage-fact-sheet-3. Additional information can also be found on DLI’s Labor Standard’s Bureau athttp://erd.dli.mt.gov/labor-standards.