How Much Do You Make A Week On Minimum Wage

How Much Do You Make A Week On Minimum Wage This means that they are exempt from minimum wage overtime regulations and certain rights and protections that are normally only granted to non exempt employees To be considered exempt in the U S employees must make at least 684 per week or 35 568 annually receive a salary and perform job responsibilities as defined by the FLSA

The minimum wage in California means that a full time worker can expect to earn the following sums as a minimum before tax These assume a 40 hour working week 640 00 per working week 2 773 33 per month 33 280 00 per annum These figures are approximate We developed the Living Wage Calculator to help individuals communities employers and others estimate the local wage rate that a full time worker requires to cover the costs of their family s basic needs where they live Explore the living wage in your county metro area or state for 12 different family types below The data was last

How Much Do You Make A Week On Minimum Wage

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Young people are more likely to earn the minimum wage than older workers While 2 9 of hourly workers ages 16 to 24 earn 7 25 an hour or less 1 1 of hourly workers ages 25 to 34 earn the minimum wage Less than 1 of hourly workers older than 35 years old earn the minimum wage The federal minimum wage in the US is 7 25 which is 15 080 annually assuming full time employment and a 40 hour work week However each state sets its own minimum hourly wage so long as it exceeds the federal standard such as California which enforces a 16 00 minimum wage

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 The amount of tips plus the 2 13 must reach at least 7 25 per hour If not your employer must pay to make up the difference A minimum wage of not less than 4 25 may be paid to employees under age 20 for their first 90 consecutive calendar days of employment as long as their employment does not displace other workers Fact Sheet on Hours Worked Under the Fair Labor Standards Act Provides general information concerning what constitutes compensable time under the FLSA

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For the cashier in our example at the hourly wage of 15 00 per hour a cashier would have to work 40 hours a week to make 600 Anything less than 40 hours a week would result in a lower overall pay total on time worked Related Wages vs Salary however many states have individual minimum wage laws Under federal law nonexempt workers A minimum wage of 4 25 per hour applies to young workers under the age of 20 during their first 90 consecutive calendar days of employment with an employer as long as their work does not displace other workers After 90 consecutive days of employment or the employee reaches 20 years of age whichever comes first the employee must receive a

In 2021 76 1 million workers age 16 and older in the United States were paid at hourly rates representing 55 8 percent of all wage and salary workers Among those paid by the hour 181 000 workers earned exactly the prevailing federal minimum wage of 7 25 per hour About 910 000 workers had wages below the federal minimum Basic Minimum Rate per hour 10 33 Premium Pay After Designated Hours 1 Weekly 40 The State law excludes from coverage any employment that is subject to the federal Fair Labor Standards Act unless the State wage rate is higher than the federal rate The minimum wage is adjusted annually based on a set formula

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How Much Do You Make A Week On Minimum Wage - Minimum wage by state by year In the United States the minimum wage is set by U S labor law and a range of state and local laws 4 The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933 signed into law by President Franklin D Roosevelt but later found to be unconstitutional 5 In 1938 the Fair Labor Standards Act established it at 25 an hour