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What is Federal Minimum Wage?


§ 40.1-28.10. Minimum wages - Virginia Law

From January 1, 2023, until January 1, 2025, every employer shall pay to each of its employees wages at a rate not less than the greater of (i) $12.00 per hour ...

2024 MINIMUM WAGE - Ohio.gov

“Employers” who gross less than $385,000 shall pay their employees no less than the current federal minimum wage rate. “Employees” under the age of 16 shall be ...

Do you know the federal, state and local minimum wage ...

Minimum wage laws are fairly comprehensive and generally apply to non-exempt employees, and most employers; however they do allow for some exemptions. For ...

Raising the Minimum Wage: Good for Workers, Businesses, and the ...

Raising the federal minimum wage will also stimulate consumer spending, help businesses' bottom lines, and grow the economy. A modest increase would improve ...

What Is the Federal Minimum Wage? - Gusto

Find out the federal minimum wage rate as of 2019—and how employers can track changes to the federal rate when they occur.

Ninth Circuit Says Federal Contractor Minimum Wage Is Unlawful

Its minimum wage was set at $10.10 per hour. This was the first time that a president had ever established a minimum wage for federal ...

Minimum Wage in N.C. - North Carolina Department of Labor

The minimum wage in North Carolina is currently $7.25 an hour. Employers doing business in North Carolina are required to pay at least $7.25 per hour to all ...

Minimum Wage | Department of Labor - NY.gov

Minimum Wage ; New York City, $15.00, $16.00 ; Long Island & Westchester, $15.00, $16.00 ; Remainder of New York State, $14.20, $15.00 ...

State Minimum Wages: An Overview - CRS Reports

The Fair Labor Standards Act (FLSA), enacted in 1938, is the federal law that establishes the general minimum wage that must be paid to all ...

The Minimum Wage | Cato Institute

As of the start of 2022, 30 states had higher minimum wage rates than the federal minimum of $7.25, and a host of cities and localities have much higher ...

Minimum wage basics | Illinois Legal Aid Online

Since July 24, 2009, the federal minimum wage is $7.25 per hour. Illinois. On January 1, 2024, the minimum wage in Illinois increased to $14 per hour. For ...

The Minimum Wage and the Labor Market

The federal minimum wage was established in 1938 by the Fair Labor Standards Act. Initially set at 25 cents an hour, the wage has been raised periodically ...

No, the federal minimum wage isn't increasing in 2024 - Verify

The federal minimum wage of $7.25 isn't increasing in 2024. But Arizona, California, New York and other U.S. states are increasing their ...

The “Ripple Effect” of a Minimum Wage Increase on American Workers

In 2012, 32 states complied with the federally set minimum wage of $7.25 per hour. In these states adhering to the federal floor, 3.7 million workers earn the ...

Minimum Wage - Wisconsin Department of Workforce Development

What is the minimum wage if I receive tips? ... If you receive tips, your employer must pay you at least $2.33 per hour in wages. If your tips combined with the ...

Minimum Wage

The 2024 Minimum Wage in the state of Washington is $16.28 per hour. Washington employers must pay most employees at least the minimum wage for every hour ...

29 U.S. Code § 206 - Minimum wage - Law.Cornell.Edu

29 U.S. Code § 206 - Minimum wage ; (A). $5.85 an hour, beginning on the 60th day after May 25, 2007; ; (B). $6.55 an hour, beginning 12 months after that 60th ...

Federal Contractors Should Prepare for 2025 Minimum Wage Hike ...

Federal contractors may need to be prepared to increase pay for employees working on, or in connection with, covered federal government ...

Minimum wage in the U.S. - statistics & facts - Statista

Minimum wage is the lowest hourly rate that employers are legally required to pay their employees. In the United States, the federal minimum ...

The last federal minimum wage increase was 15 years ago - Axios

The minimum wage has been $7.25 since July 2009, while the adjusted wage has declined from $10.58. The adjusted wage peaked in February 1968 at $14.70 when the ...