| Update Applicable to: | Effective Date |
| All Employers | July 1, 2025 |
What happened?
On November 5, 2024, a majority of Alaskans voted in favor of Alaska Ballot Measure No. 1 to increase the minimum wage.
Quick Summary:
- Alaska Measure 1 proposes incrementally raising the state’s minimum wage to $15 per hour by 2027. The wage rate will be adjusted annually for inflation and will always be at least $2 higher than the federal minimum wage.
What are the details?
Alaska’s minimum wage last increased on January 1, 2024, from $10.85 to $11.73 per hour, as part of the state’s annual inflation adjustment.
Alaska Measure 1 passed, and it will further increase the state’s minimum wage in stages as follows:
- $13 per hour starting July 1, 2025
- $14 per hour starting July 1, 2026
- $15 per hour starting July 1, 2027
- After 2027, the minimum wage will be adjusted annually for inflation and will always be at least $2 higher than the federal minimum wage.
Note: An employer may not apply tips or gratuities bestowed upon employees as a credit toward payment of the minimum hourly wage.
Source References
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