On July 1, 2024, covered employers will be required to pay a new higher minimum wage for hours worked in the City. Covered employers are required to pay employees not less than the minimum hourly wage as follows:
Covered Employers |
2024 Minimum Wage Effective 7/1/24 |
Large Employer - More than 500 employees worldwide and certain franchises
|
$20.29 |
Mid-Size Employer - At least 15 but no more than 500 employees worldwide or over $2 million of annual gross revenue in Renton
|
$18.29 |
Employers that do not fall within the Large or Mid-Size Employer described above are not covered by the new minimum wage rates but must continue to meet the State of Washington minimum wage requirements.