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The minimum wage, the lowest hourly amount that an employee may be paid for their labor, is determined by both state and Federal labor laws in the United States.Under the Federal Fair Labor Standards Act, states and localities are permitted to set their own minimum wage rates, which will take precedence over the Federal minimum wage rate if they are higher.
The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.
A Letter Concerning Minimum Wage (with calculations)
Mar 16, 2017 · A minimum wage increase to $10/hr would add ([email protected]) 40 million to state revenues. A minimum wage increase to $12/hr would add ([email protected]) 130 million to state revenues. A minimum wage increase to $15/hr would add ([email protected]) 340 million to state revenues. The government would stay the same size.
State Minimum Wages - National Conference of State
Notes. 1 American Samoa: The Fair Minimum Wage Act of 2007 (Public Law 110-28) sets minimum wage rates within American Samoa and provides for additional increases in the minimum wage of $0.50 per hour each year on May 25, until reaching the minimum wage generally applicable in the United States.The wage rates are set for particular industries, not for an employee's particular occupation.
Minimum Wages for Tipped Employees | U.S. Department of Labor
Jan 01, 2021 · For these employees, the state wage is tied to the federal minimum wage of $7.25 per hour which requires an act of Congress and the President's signature to change. 6 Oklahoma . For employers with fewer than 10 full-time employees at any one location who have gross annual sales of $100,000 or less, the basic minimum rate is $2.00 per hour.
A 2021 Guide to the Minimum Wage Rates by State | The
Aug 24, 2020 · Five states don’t have minimum wage laws: Alabama, Louisiana, Mississippi, South Carolina, and Tennessee. Employers in no-minimum-wage states must follow the federal minimum wage of $7.25 per hour.
State Minimum Wage Rates by State - Employment Law Handbook
The US labor law (along with several state and local laws) determine the minimum wage in the United States.Typically employers will have to pay their employees the highest minimum wage salary outlined by local, state, and federal laws. Originally, nationwide minimum wage was mandated on July 24, 2009 at $7.25 per hour.
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