What Is the Minimum Wage in Mississippi State?
If you plan to work in The Magnolia State, you’re likely interested in knowing the minimum wage. Mississippi is one of the several states that does not have a minimum wage. Instead, like neighboring state Louisiana, the state defers to the Fair Labor Standards Act (FLSA), which mandates a minimum wage rate of $7.25 per hour.
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2020 Minimum Wage in Mississippi: $7.25 per hour
Today, most employees in Mississippi will earn at least $7.25 per hour. However, different types of employees who earn minimum wage may see variances in their take-home pay.
For instance, some hourly employees may work overtime, while others may work in the gig economy, working beyond or below the typical 40-hour workweek. While these amounts may vary, rough estimates can be calculated for tipped employees, as well as for those who work overtime, by using this minimum wage figure.
Tipped: $7.25 per hour
Mississippi employers can exact a $5.12 tax credit for tipped employees. While a tipped employee may earn no less than $7.25 per hour (including tips), they may be paid a minimum cash wage of $2.13 if they are receiving enough tips that they ultimately earn the minimum wage. Mississippi does not indicate a tip amount required to be considered a tipped employee, and, because of this, any employee who earns the federal standard of at least $30 in tips in a month is deemed a tipped employee in Mississippi.
For a typical 40-hour workweek, a Mississippi employee will earn at least $290.00 — assuming they take no time off, work no overtime, and/or receive holiday pay. Working 40 hours at a rate of $7.25 per hour, a Mississippi employee will see a $290 paycheck before state and federal tax deductions.
If a Mississippi employee worked every hour of a 40-hour workweek and received no overtime, they would earn at least $15,080 over the 52 weeks of the year. This wage, again, is calculated before state and federal tax deductions — so an average yearly wage may be lower. This also assumes that the employee does not ask for and receive a raise at any point in that year.
Overtime: $10.88 per hour
Employees who work over 40 hours in a standard workweek will be authorized to receive overtime pay at a rate of time-and-a-half. This means that a Mississippi employee will earn their regular minimum wage ($7.25) plus half of their wage ($3.63) — which is a total of $10.88 per each hour exceeding the regular 40 hours.
Mississippi Minimum Wage Increase News
Although the state has used the stagnant federal minimum wage for over a decade, it is unlikely to increase soon — despite businesses in the state being okay with an increase. While there are many ongoing efforts to establish a state minimum wage that is higher than the federal rate, there are no current formal plans to do so.
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Desmond Rhodes is a writer out of the Northwest. A philosopher, gamer, and enjoys his Hunter S. Thompson.