Michigan Payroll Services

MIPS keeps updated, basic need to know information to better serve you.
            
            
            
            
            
            
            
            
            


General Information:


U.S. Bank Holidays - 2012


January 1

January 16

February 20

May 28

July 4

September 3

October 8

November 12

November 22

December 25

Monday

Monday

Monday

Monday

Wednesday

Monday

Monday

Monday

Thursday

Tuesday

New Year's Day

Dr. Martin Luther King, Jr. Day

Presidents' Day

Memorial Day

Independence Day

Labor Day

Columbus Day

Veterans' Day

Thanksgiving Day

Christmas Day




Michigan Minimum Wage Rates - Applicable to employers of 2 or more employees, 16 years or older

Basic Minimum Rate

Overtime Rate

Tipped Employees

Training Wage - Employees aged 16 to 19

$7.40

1-1/2 times the regular pay rate

$2.65 + tips

$4.25

8 hours/day - 40 hours/week - 80 hours/bi-weekly

    

Wage rate + tips must equal the basic minimum rate

For first 90 days of employment