Is there any exemption for the small business employer so I will not have to pay the Minimum Wage? July 28, 2021 20:54 The only exemption that applies is for a retail or service business whose annual gross sales made or business done is less than $500,000. Related articles What amount must an employer pay a tipped employee? Do employers have to post a Minimum Wage poster in the workplace? What can I do if I believe I am not being paid the minimum wage rate and/or overtime rate?