How Much Does A Minimum Wage Job Pay A Year In Washington State Employers can also pay some workers less than the state minimum wage including Minors 14 to 15 years old no less than 85 of minimum wage Workers who meet certain criteria see below Jobs that are exempt from the Minimum Wage Act Employers can apply for a sub minimum wage certificate in the following areas Certificated on the job
Yearly minimum wage Employees calculate the yearly minimum wage by multiplying the monthly minimum wage by the number of months in a year That is 12 months Therefore 2 166 5 12 25 998 The total yearly minimum wage in New York is 25 998 See how to calculate how much someone on minimum wage earns per year 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
How Much Does A Minimum Wage Job Pay A Year In Washington State
How Much Does A Minimum Wage Job Pay A Year In Washington State
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See Just How Much A Minimum Wage Job Increasingly Falls Short Of Paying
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In 2022 78 7 million workers age 16 and older in the United States were paid at hourly rates representing 55 6 percent of all wage and salary workers Among those paid by the hour 141 000 workers earned exactly the prevailing federal minimum wage of 7 25 per hour About 882 000 workers had wages below the federal minimum 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
Employers with at least 15 employees and less than 500 employees must pay a minimum of 18 29 in 2024 Employers with fewer than 15 employees and earning less than 2 million in annual revenue are subject to the state minimum wage 20 29 18 99 to 20 29 effective 1 1 2024 Annual indexing effective January 1 A full time minimum wage worker in Washington working will earn 651 20 per week or 33 862 40 per year Washington s minimum wage rate as of f 2024 is 16 28 per hour
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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 The federal minimum wage is 7 25 per hour and the Washington state minimum wage is 16 28 per hour The law states that whichever is the higher applies to employers in that state Washington is one of the states that has a minimum wage rule and ensures that their employers pay it There are five states that do not
Biggest Wage Increases by State 2024 marks a significant year for minimum wage increases across various states Some states stand out with substantial hikes adjusting wages to better align with Washington s 2024 minimum wage is 16 28 per hour 14 and 15 year olds may be paid 85 of the minimum wage 13 84 an hour Washington State is raising the minimum salary for workers exempted from overtime who primarily perform executive administrative and professional EAP duties each year until 2028
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How Much Does A Minimum Wage Job Pay A Year In Washington State - Other states are providing a healthy raise as part of a several step increase in the minimum wage The pay floor will rise from 10 50 to 11 75 in Delaware from 12 to 13 in Illinois and from