How to define a minimum wage?
Minimum Wage: Its Purpose, History, and $15 Wage Battle
The minimum wage is the lowest legal wage that companies can pay their workers. The purpose of minimum-wage laws is to prevent employers ...
MINIMUM WAGE Definition & Meaning | Dictionary.com
Minimum wage definition: the lowest wage payable to employees in general or to designated employees as fixed by law or by union agreement.
MINIMUM WAGE definition in American English - Collins Dictionary
The lowest wage that an employer is permitted to pay by law or union contract.... Click for pronunciations, examples sentences, video.
Minimum wage - Definition, Meaning & Synonyms - Vocabulary.com
The very lowest salary an employer can legally pay a worker is the minimum wage. Some states have a higher local minimum wage than the one set by the ...
Video: Minimum Wage in the U.S. | Definition, History & Hourly Rate
Understand the minimum wage definition in economics. Discover the history of minimum wage in the U.S., and explore the advantages and disadvantages...
Minimum Wage - Overview, Purpose, and Exempt Categories
Minimum wage is the lowest wage that companies are obliged to give their employees for work performed over a certain period.
Minimum Wage is Not Enough - Home - Drexel University
Low Wage: A wage that is above the legally defined minimum wage of the set locality but does not meet the determined living wage of the location. Minimum ...
Most employees have the right to be paid at least the federal minimum wage ($7.25) for all hours worked regardless of whether you are paid by the hour, the day ...
Most agricultural and non-agricultural jobs qualify for the minimum wage. Employers must pay employees the minimum wage for all hours worked as defined by ...
What is Minimum Wage? | Definition & Meaning - OnPay
Minimum wage is the lowest wage an employer can pay an eligible employee to work and is set by the federal government. Local and state ...
What is Minimum wage? HR Definitions & Examples - MightyRecruiter
Minimum wage. Minimum wage refers the smallest wage an employee can make per hour for all hours he or she works on the job. The federal government lists its own ...
What does Minimum Wage mean? - HRZone
Minimum Wage definition ... A minimum wage is the lowest legal amount an employer can pay an employee. The majority of countries across the world have some form ...
The federal minimum wage is $7.25 per hour. This rate applies to covered nonexempt workers. The minimum wage for employees who receive tips is $2.13 per hour.
MINIMUM WAGE Definition & Meaning - Dictionary.com
Minimum wage definition: the lowest wage payable to employees in general or to designated employees as fixed by law or by union agreement.
How are minimum wages set? Updated - IZA World of Labor
Minimum wages can vary by sector of employment, often in conjunction with collective bargaining to determine them. In countries with a minimum wage system, ...
Minimum Wage Frequently Asked Questions
Effective January 1, 2024, the minimum wage is $16.00 per hour for all employers, not otherwise covered by a higher minimum wage specific to an industry or a ...
State Minimum Wages - National Conference of State Legislatures
Five states have not adopted a state minimum wage: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. Two states, Georgia and Wyoming, have a ...
What is Minimum Wage & Purpose of Minimum Wage | HR Glossary
Setting labor standards: Minimum wage laws help establish and maintain labor standards in the job market. They set a benchmark for what employers are expected ...
Minimum Wage - Missouri Department of Labor - MO.gov
... pay the state minimum wage rate. Employers not subject to the minimum wage law can pay employees wages of their choosing. For more information, please ...
Minimum-Wage Legislation - Encyclopedia.com
These laws specify the minimum amount that employers may pay their employees for doing a specified type of work.