Minimum Wage — Definition
Minimum Wage | U.S. Department of Labor
The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws.
How to define a minimum wage? | International Labour Organization
The purpose of minimum wages is to protect workers against unduly low pay. They help ensure a just and equitable share of the fruits of progress to all, and a ...
Minimum Wage - U.S. Department of Labor
The federal minimum wage is $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws. Some state laws provide greater employee ...
Minimum wage Definition & Meaning - Merriam-Webster
The meaning of MINIMUM WAGE is living wage. How to use minimum wage in a sentence.
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor.
Minimum Wage: Federal vs. State, Exceptions - Investopedia
A minimum wage is the lowest wage that a worker may be paid per hour. It's a price floor on hourly wages mandated by federal law.
1.1 Definition and purpose - International Labour Organization
The purpose of minimum wages is to protect workers against unduly low pay. They help ensure a just and equitable share of the fruits of progress to all.
minimum wage | Wex | US Law | LII / Legal Information Institute
Minimum wage laws establish a base level of pay that employers are required to pay certain covered employees. The current federal minimum wage is $7.25 per ...
What is Federal Minimum Wage? - BambooHR
The federal minimum wage is the lowest wage an employer can pay an hourly worker as established by the Fair Labor Standards Act (FLSA). As of July 24, 2009, the ...
MINIMUM WAGE definition | Cambridge English Dictionary
MINIMUM WAGE meaning: 1. the smallest amount of money that employers are legally allowed to pay someone who works for…. Learn more.
What Is the Federal Minimum Wage? - Square
The federal minimum wage is a rule set by the Fair Labor Standards Act (FLSA) that tells employers the lowest hourly wage they can pay their employees.
Minimum Wage - an overview | ScienceDirect Topics
Minimum wage is the lowest wage rate that employers can legally pay to their employees, ensuring a reasonable standard of living. It varies across countries ...
Definition of Minimum Wage | Lowest Hourly Rate by Law
Minimum wage is the lowest hourly rate that can legally be paid to an employee under federal law. Many states also have minimum wage laws.
What is Minimum Wage? 2024 Definition | Playroll
The minimum wage refers to lowest hourly, daily or monthly wage that employers are legally allowed to pay their workers. Its primary function is to guarantee ...
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 ...
A history of the federal minimum wage - Economic Policy Institute
The minimum wage is a New Deal era policy established initially through the Fair Labor Standards Act of 1938 (FLSA). The original bill set a ...
Minimum Wage — Definition, Overview & FAQ - Recruiteze
Definition: Minimum wage is the lowest legal hourly pay that employers can offer to employees. Government legislation establishes this wage floor to ensure a ...
Minimum Wage in the U.S. | Definition, History & Hourly Rate - Lesson
Lesson Summary. Minimum wage is the lowest hourly pay an employer can pay an eligible employee for doing work. It is a price floor that governments place on ...
Minimum wage | Economics, Labor & Social Justice | Britannica Money
Minimum wage, wage rate established by collective bargaining or by government regulation that specifies the lowest rate at which labour may be employed.
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 ...