HOME | Monitor | Alaska’s Minimum Wage Set at $10.19 for 2020

Alaska’s Minimum Wage Set at $10.19 for 2020

Sep 25, 2019 | Monitor

JUNEAU—The Alaska minimum wage will increase from $9.89 to $10.19 in 2020. Voters passed a ballot initiative in 2014, which requires the minimum wage to be adjusted annually for inflation.

Alaska Statute 23.10.065(a) requires the Alaska minimum wage to be adjusted using the Consumer Price Index for urban consumers in the Anchorage metropolitan area (Anchorage CPI-U) for the preceding calendar year. The Anchorage CPI-U increased 3.0 percent in 2018, rising from 218.873 to 225.545. As a result, the minimum wage will rise 30 cents per hour to $10.19 effective January 1, 2020.

More information about Alaska’s wage laws can be found at http://labor.alaska.gov/lss/whhome.htm.

Current Issue

Alaska Business Magazine May 2020 Cover

May 2020

Industry Sponsor

Become an Industry Sponsor

Alaska Business Magazine May 2020 Cover

In This Issue

Alaska’s Giving Pipeline

May 2020

Few large foundations support “the general good” or social service projects in Alaska, so the Last Frontier has a pretty thin philanthropic layer, according to United Way of Anchorage Vice President Cassandra Stalzer. However, the oil and gas industry has a history of stepping in and filling the gaps in Alaska communities by providing money and volunteers for myriad charitable efforts in the state.

Share This