How Much Is Minimum Wage Each Month The federally mandated minimum wage in the United States is 7 25 U S dollars per hour although the minimum wage varies from state to state
The federal minimum wage in the U S of 7 25 per hour has not budged since 2009 and in many states that remains the minimum wage as of 2024 Federal laws The federal minimum wage in the United States has been 7 25 per hour since July 2009 the last time Congress raised it 45 Some types of labor are exempt Employers may pay tipped labor a minimum of 2 13 per hour as long as the hour wage plus tip income equals at least the minimum wage
How Much Is Minimum Wage Each Month
How Much Is Minimum Wage Each Month
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These 21 States Are Raising Their Minimum Wage For 2020 AOL Finance
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A New Minimum Wage In Ontario Soni Law
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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 The minimum wage in the remainder of the state is 15 00 per hour 8 Ohio employers with annual gross receipts under 385 000 must pay no less than 7 25 per hour 9 The standard minimum wage in Oregon is 14 70 per hour The minimum wage in the Portland metro area is 15 95 per hour and the minimum wage in nonurban counties is 13 70 per hour
The table below reflects state and U S territory minimum wage levels on Jan 1 2924 When a state or territory minimum wage is set at a higher rate than the federal minimum wage the highest rate prevails When a state minimum wage is lower than the federal minimum wage the state must pay the federal minimum wage to all those employed in roles covered by federal laws such as the Fair Labor 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 Together these 1 1 million workers with wages at or below the federal minimum made up 1 4 per
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Minimum Wage Law Federal State And Local Minimum Wage Rates
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This Map Shows Minimum Wage Rates In 2020
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Federal Minimum Wage Worth Less Now Than Ever Before
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Characteristics of minimum wage workers 2022 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 Together these 1 0 Illinois s minimum wage law sets a lower minimum wage for workers under age 18 for their first 650 hours of work with any employer The minimum wage for these workers is 10 50 effective 1 1 2023 12 00 effective 1 1 2024 and 13 00 effective 1 1 2025 8 40
Although the federal minimum wage is 7 25 an hour the minimum an employer must pay depends on the state the employee lives in Some states and even cities have mandated minimum wages that are different from the federal minimum 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
Ohio Minimum Wage GovDocs
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CBO 15 Minimum Wage Would Boost Pay For 17 Million Workers Video
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How Much Is Minimum Wage Each Month - 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