what is the federal minimum wage?
d2589bf8a3bfb9ed82c5f15fb679ccac
The US Federal Minimum Wage The answer to that question can be trickier than you might think. While the current US federal minimum wage was last set at $7.25 per hour on July 24, 2009, your age, type of employment, even where you live can alter the legal minimum hourly wage your employer is required to pay.
c753e99f875d6f99d2727d92d966ac24
- “It puts an exclamation point on the need for $15 to be where the wage board ends up.”. The current minimum wage in New York State is $8.75, versus a federal minimum wage of $7.25, and will rise to $9 at the end of 2015.
2bf9cf1f388e1ee239b1138632120b2a
Federal Tax Information Minimum Wage. Hourly minimum rate is $7.25 effective 7/24/09. Payroll-Taxes.com is a free online resource featuring a compilation of research, collaboration and web tools for use by payroll professionals and more including payroll articles, state payroll and tax links and state payroll information.
5cefa8fed1764a6668ef9f7e6b377a84
- Minimum Wage History. A federal minimum wage was first set in 1938. The graph shows nominal (blue diamonds) and real (red squares) minimum wage values. Nominal values range from $0.25/hr in 1938 to the current $7.25/hr. The graph adjusts these wages to 2015 dollars (red squares) to show the real value of the minimum wage.
9c33a506c18c786eab94ce789ea36b8f
Labor Laws and Issues Minimum Wage. 1  The federal minimum wage is the minimum hourly pay for many workers. 2  The minimum wage is currently $7.25 per hour for covered nonexempt employees, effective July 24, 2009. 3  Many states and cities also have minimum wage laws. 4  Contact your State Labor Office with questions about minimum wage.
1a21f2b1bb2dce27cbc18000e4da02e8
Minimum Wage and Overtime Basics This lower wage rate is sometimes called a training wage or youth minimum wage. Federal law sets this lower minimum at $4.25 per hour, but this lower wage may be paid only for the first 90 days of employment, and an employer may not do anything that displaces one worker who is paid more in order to pay another worker the lower wage.
4aa31fdea79275a26c488a07439b29f7
Calculating Employees' Regular Pay Rates The federal minimum wage rate is the minimum rate that must be paid to nonexempt employees for each hour worked up to and including 40 in a calendar workweek. In some states, a higher minimum rate applies and you must pay your employee at least that higher rate.
543f2d8930aa88a37771dad9b1fcf866
State Minimum Wages | 2018 Minimum Wage by State Currently, 29 states and D.C. have minimum wages above the federal minimum wage of $7.25 per hour. Five states have not adopted a state minimum wage: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. New Hampshire repealed their state minimum wage in 2011 but adopted the federal minimum wage by reference.
d4701a27da2ba6f7e742071fe6d26b54
How to Build a Content Marketing Strategy Below are some examples of companies that have created phenomenal pieces of content. Hopefully this provides ample motivation to take your site/client's site to the level! 1. Kickstarter: Best of 2012: An inspirational take on 2012. 2. BuzzFeed lists: Heartwarming content that is easily shareable.
70085febc930c778d3e7cb0d5c312e21
- The current federal minimum wage is $7.25 per hour. A full-time minimum wage employee earns $15,080 annually. In 2012, the poverty threshold for a single person was $11,945.
8cf1cdfaa15cab72532cef647bc5dda4
- The federal Minimum wage in the US is $7.25 per hour. Ten states have higher minimum wages with Rhode Island clocking in 50 cents higher at $7.75. Costs to the employer are higher of course, even if the employer ducks benefits by using part-time workers.
119f39b1a08458451a5ec993f1e01a40
Minimum wage since 1938 When the federal minimum wage first became law in 1938, it was 25 cents. Adjusted for inflation, that would be worth $4.19 today. Scroll over the chart to see historical minimum wage amounts, and their corresponding values in today’s dollars. In 1938, the minimum wage was $0.25. That's $4.19 in 2015 dollars.
4d77d404641e2fa3c53b64923c10a977
National Retail Federation In April 2014, the United States Senate debated the Minimum Wage Fairness Act (S. 1737; 113th Congress). The bill would amend the Fair Labor Standards Act of 1938 (FLSA) to increase the federal minimum wage for employees to $10.10 per hour over the course of a two-year period.
5b8452b3449dde27b310c030601c08e3
- Our Terms of Service and Privacy Policy have changed. By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service. 2014 minimum wage, state by state. States must meet the federal wage baseline of $7.25 for all covered workers.
3847bb13fa81ece4a6230f7318717e09
Overtime The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). 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 protections; employers must comply with both.
3936754a8e42f8942404c4b2f17c6525
San Diego defies mayor, raises minimum wage The federal minimum wage is currently set at $7.25 an hour, but many other cities, states and counties have also taken action to raise the rate for workers. Last year, California lawmakers approved a raise to the state's minimum wage, which is being phased in over three years until it reaches $10 an hour.
2ec4fa1a1f4e3985c5dd37210baf89db
About the Minimum Wage About the Minimum Wage. The minimum wage is the minimum hourly wage an employer can pay an employee for work. Currently, the federal minimum wage is $7.25 an hour (part of the Fair Labor Standards Act) and some states and cities have raised their minimum wage even higher than that.
c486277a28d3863faff0a44579b3d0eb
- Cost-of-Living Adjusted Minimum Wage. In 2015, for the first time, a majority of states have minimum wages above the federal minimum, which is $7.25. Activists, fast-food workers and others are calling for increasing the minimum wage to $15 an hour in some cities.
321a2d621d2bec530e850eaf540e965a
History of Minimum Wage the current federal minimum wage is $ 7 25 per hour a full time minimum wage employee earns $ 15080 annually in 2012 the poverty threshold for a single person was $ 11945 for a family of four with two children it was $ 22283
cf761e3c41240152d30b477ed819f0c1
Minimum wage in the United States The Fair Minimum Wage Act of 2007 raised the federal minimum wage to $7.25 per hour effective July 24, 2009. This rate must be paid to all nonexempt employees for each hour worked up to and including 40 hours in a calendar workweek.djusted for inflation, the federal minimum wage peaked in 1968 at $8.54 (in 2014 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 8.1% of its purchasing power to inflation.
e17085a5ff660686505c24fceb68bfb1
17 Numbers That Will Make You Realize Just How Pathetic The Federal Minimum Wage Is An additional 1.8 million tipped employees, full-time students, disabled workers and others holding jobs exempted from federal minimum wage requirements earned wages of less than $7.25 an hour. The federal minimum wage for tipped workers is $2.13 per hour.
f7a5e8bd4229e0c2d22691a7367b5b27
Wage and Hour Employment Law Many states and some cities have wage and hour laws as well. These laws govern issues such as minimum wage, overtime, and meal breaks. The governing bodies in several urban areas throughout the country have voted to create a “living wage” on top of the FLSA and state standards. The current federal minimum wage is $7.25 per hour.
3c9eb7f52c28af91cb51ca8d6513c675
Minimum wage in the United States The minimum wage in the United States is a network of federal, state, and local laws. Employers generally must pay workers the highest minimum wage prescribed by federal, state, or summer local law. As of July 2016, the federal government mandates a nationwide minimum wage of $7.25 per hour. As of October 2016, there are 29 states with a minimum wage higher than the federal minimum.
0612cba1e00f30c818d5af847a8c9568
The impact of the minimum wage Ten states and the District of Columbia have minimum wages that exceed that of the federal government: Alaska ($6.15), California ($5.75), Connecticut ($6.15), Delaware ($5.65), D.C. ($6.15), Hawaii ($5.25), Massachusetts ($6.00), Oregon ($6.50), Rhode Island ($5.65), Vermont ($5.75), and Washington ($6.50).
66cd4689b457b8ea1da85b29662f6c8c
- The Fair Labor Standards Act (FLSA) of 2007 set the federal minimum wage at $7.25 per hour. In 2011 the New Hampshire legislature passed a bill that matches the state minimum wage to the federal minimum wage. There are some exceptions to the minimum wage law for young workers and workers who receive tips.
863bbd2bfac511d5f6ba7eecf823bb30
minimum wage Congress most recently amended the minimum-wage law with the Minimum Wage Increase Act of 1996 (Pub. L. No. 104-188, sec. 2104(a), 110 Stat. 1228 [amends sec. 206]). Congress increased the minimum wage to $4.75 per hour effective October 1, 1996 and increased it to $5.15 per hour effective September 1, 1997.