How Much Is 40 Hours A Week Minimum Wage

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How Much Is 40 Hours A Week Minimum Wage 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

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 How much will I earn working a minimum wage jobin California A full time minimum wage worker in California working 40 hours a week 52 weeks a year will earn 128 00 per day 640 00 per week and 33 280 00 per year 1 The national poverty line for a family unit consisting of two people is 16 020 00 per year

How Much Is 40 Hours A Week 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 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

For a family of three this means an annual income of 26 556 or less will qualify them for SNAP benefits A full time worker supporting this household alone will have to earn 12 78hourly working 40 hours each week or about 70 hours each week at the current 7 25 minimum wage before the household loses eligibility for benefits 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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A person working 40 hours per week for minimum wage would earn 15 080 before taxes That is below the federal poverty line for a family of two or more people It is also lower than the average cost of a one bedroom apartment in the United States in 2020 which was 1 621 per month or 19 452 per year Arkansas 11 00 hour Arkansas Department of Labor California 16 00 hour California Division of Labor Standards Enforcement and the Office of the Labor Commissioner Colorado 14 42 hour Colorado Department of Labor and Employment

Starting July 2009 the U S federal government allows a nationwide minimum wage per hour of 7 25 while depending by each state s policy employers may be requested to pay higher rates Scenario 1 An employee receives a hourly wage of 15 and he works 40 hours per week which will result in the following earnings 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

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How Much Is 40 Hours A Week Minimum Wage - 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