How Much Do You Make In A Month With Minimum Wage

How Much Do You Make In A Month With Minimum Wage The federal minimum wage rate is 7 25 an hour However states may have their own minimum wage rates that override the federal rate as long as it is higher For instance the District of Columbia DC has the highest rate of all states at 17 50 and will use that figure for wage earners in that jurisdiction instead of the federal rate

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 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

How Much Do You Make In A Month With Minimum Wage

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Georgia has a state minimum wage law but it does not apply to tipped employees Employers in these states must pay employees covered by the Federal Fair Labor Standards Act at least the federal minimum wage 10 Nevada Effective July 1 2024 there is a uniform minimum wage of 12 00 per hour for all employees 11 US Virgin Islands The table below lists the current prevailing 2024 minimum wage rates for every state in the United States Click any state for details about the minimum wage exemptions and other state labor laws You can find a list of highest and lowest minimum wage rates here 2024 Minimum Wage Rates By State

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 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 ages below the federal minimum Together these 1 1 million workers with wages at or below the federal minimum made up 1 4 per

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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 How much is the federal minimum wage really worth Despite these recent increases in state minimum wages minimum wages at the federal and most state levels are still below the peak of its real value in 1968 Adjusting the real value for inflation based on 2017 dollars the 1968 minimum wage of 1 60 was worth 11 39 in 2017 dollars

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 A tipped employee engages in an occupation in which he or she customarily and regularly receives more than 30 per month in tips An employer of a tipped employee is only required to pay 2 13 per hour in direct wages if that amount combined with the tips received at least equals the federal minimum wage If the employee s tips combined with the employer s direct wages of at least 2 13 per

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How Much Do You Make In A Month With Minimum Wage - The table below lists the current prevailing 2024 minimum wage rates for every state in the United States Click any state for details about the minimum wage exemptions and other state labor laws You can find a list of highest and lowest minimum wage rates here 2024 Minimum Wage Rates By State