Federal Minimum Wage Law The federal government set forth a national minimum wage rate in the Fair Labor Standards Act (FLSA). Currently, the federal minimum wage rate is $7.25 per hour, for non-tipped and non-exempt employees. For tipped employees, the federal minimum wage rate is $2.13....
Minimum Wage Definition, Current Rate and Eligibility Minimum wageis the least dollar amount that employers must pay tononexemptemployees per hour, as mandated by local, state or Federal law. Employers may pay employees by some other method than hourly, such as by piecework or commission. But,...
Minimum Wage: Federal Minimum Wage requirements by state Author: Meryl Gutterman, Nukk-Freeman & Cerra, P.C. Summary The Fair Labor Standards Act requires an employer to pay all nonexempt employees at least the federal minimum wage (currently $7.25 an hour) for all hours worked. See Minimu...
Employees Eligible for the Minimum Wage Current Federal Minimum Wage Current Ohio Minimum Wage Current Minimum Wage in Other States Employees Not Entitled to the Minimum Wage Tipped Employees Calculating the Minimum Wage Remedies Search We Do Employment, Overtime + Minimum Wage Law ...
A minimum wage is the lowest hourly pay that an employer may pay to its employee. The minimum wage is regulated by law. Federally, minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). This act is administered by the Wage and Hour Division of the U.S. Department...
2024 Basic Minimum Wage Combined (per hour):$2.13 ($7.25)* Overtime Pay Required After 40 Hours per Week For tipped employees: Maximum Tip Credit:$0 (no tip credit allowed; employers must ensure tipped employees receive at least the full federal minimum wage of $7.25) ...
It wasn't until the New Deal that Congress finally enacted a federal minimum wage law. The Fair Labor Standards Act that was passed in 1938 set the minimum wage at $0.25 per hour. It may seem low but that wage provided a reasonably comfortable living for Depression-era families. Federal ...
What is the Federal Minimum Wage Law? The federal minimum wage is established by and regulated under theFair Labor Standards Act of 1938(the FLSA). In its final form, the act applied to industries whose combined employment represented only about one-fifth of the US labor force. In these ind...
财政专业英语Minimum WageMinimum Wage On the Job, at Minimum Wage I’m Faith Lapidus with the VOA Special English Economics Report. Minimum wage is the lowest hourly pay rate permitted by law. In the United States, the federal minimum wage is five dollars and fifteen cents an hour. It has...
Joel ButlerUniversity of New South Wales, Faculty of LawUniversity of New South Wales law journalButler J (2006), `Minimum wage laws and wage regulation: do changes to a minimum wage affect employment levels', UNSW Law Journal, vol. 29, no. 1, pp. 181-202...