For business owners in the state of Nevada, it is important to know the latest Nevada state minimum wage rate and the laws and regulations that come with it.
Likewise, employees in Nevada will also need to stay up-to-date on the Nevada min wage to make sure they are being paid fairly and their worker’s rights are being respected. Like many other states, the Nevada minimum wage is higher than the federal minimum wage of $7.25 per hour.
Did the Nevada Minimum Wage Go Up?
The graphic below highlights the Nevada minimum wage over the past several years. The minimum wage did go up in 2021 from $9.00 per hour (in 2020) to $9.75 in 2021.
Nevada Minimum Wage 2021
Many people ask: What is the Nevada minimum wage in 2021? On January 1st, 2021, the Nevada minimum wage increased from $9.00 to $9.75 per hour. This is the second time Nevada has increased its state minimum wage since 2010!
The way that the minimum wage is calculated in most states is through the Consumer Price Index, which accounts for everything, from the cost of living to house prices. Depending on the percentage increase in the CPI, some states match the CPI rate with their minimum wage, while others will increase it by much more.
Are you interested in starting a company in Nevada?
If you would like to register a new business in Nevada, check out our ultimate guide on How to Register a Business in Nevada.
If you’re interested in finding out more about the specific labor laws in Nevada or need more information on overtime or wage disputes, head over to the Nevada Office of the Labor Commissioner website. Nevada, specifically, Henderson, was the fastest-growing large city in the U.S. from 1990-1998 and is widely recognized as a great place for business and some of the best known and most respected corporations have established major operations in Henderson.
To find out more information regarding the US minimum wage by state, check out our page that has a table in alphabetical order of all 50 states, including historical state minimum wage rates from previous years.
There are many interesting facts about Nevada that you probably haven’t heard of. Feel free to check out a comprehensive list of them that also includes some very important economic facts if you are looking to start your own business or franchise or get a job in the state.
Nevada Minimum Wage History
The table below provides the history of Nevada’s minimum wage over the years since 2008. You can see when there were increases in the minimum wage, how much they were, and what percentage increase it represents.
|State||Wage||Year||$ Wage Increase||% Increase|
|Nevada Minimum Wage 2021||$9.75||2021||$0.75||8.3%|
|Nevada Minimum Wage 2020||$9.00||2020||$0.75||9%|
|Nevada Minimum Wage 2019||$8.25||2019||$0||0%|
|Nevada Minimum Wage 2018||$8.25||2018||$0||0%|
|Nevada Minimum Wage 2017||$8.25||2017||$0||0%|
|Nevada Minimum Wage 2016||$8.25||2016||$0||0%|
|Nevada Minimum Wage 2015||$8.25||2015||$0||0%|
|Nevada Minimum Wage 2014||$8.25||2014||$0||0%|
|Nevada Minimum Wage 2013||$8.25||2013||$0||0%|
|Nevada Minimum Wage 2012||$8.25||2012||$0||0%|
|Nevada Minimum Wage 2011||$8.25||2011||$0||0%|
|Nevada Minimum Wage 2010||$8.25||2010||$0.70||9.3%|
|Nevada Minimum Wage 2009||$7.55||2009||$0.70||10.2%|
|Nevada Minimum Wage 2008||$6.85||2008||$0||0%|
EIN Number Nevada
As a Nevada business owner and employer, or someone that is looking to register an LLC or an incorporated company in Nevada with the goal of hiring employees, now, or in the future, you will need to have a Nevada EIN number.
An EIN is also known as an Employer Identification Number and is issued by the internal revenue service (IRS). We have created a guide on how to get your Nevada EIN with the IRS, and it includes links to the appropriate sources and forms and the differences between whether you are a U.S. citizen or foreign national applying for a Nevada EIN.