Please realize that the Alaska minimum wages cited above may have changed since we posted this minimum wage information. State minimum wages can change because new laws are enacted or because old laws contained scheduled increases. You should also be aware that state law often exempts particular co...
The minimum wage was enacted in the United States in 1938 as part of theFair Labor Standards Act(FLSA). The first minimum wage was 25 cents an hour. The current U.S. minimum wage is $7.25 per hour. However, some states and cities have set minimum wage rates that are higher than the...
Familiarizing oneself with the concept of minimum wage legislation is of paramount importance. Most nations are subject to federal and local laws governing the absolute minimum particular workers may be recompensed relative to the job they perform and the region they inhabit. It is typically proposed...
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 of Labor, which is the division responsible for enforcing laws that protect the welfare of the nation's workforce....
Minimum wage is the lowest hourly wage allowed by US federal and state labor laws. Some jobs are exempt from minimum wage, such as...
Carter, Thomas J., "Minimum Wage Laws: What Does an Employment Increase Imply about Output and Welfare?," Journal of Economic Behavior and Organization, 1998, 36 (4), 473--485.Minimum Wage Laws: What Does an Employment Increase Imply about Output and Welfare - Carter - 1998...
This guide gives you everything you need to know about pay in China, including details of how the minimum wage in China is set and managed
State minimum wages in 2024 The minimum wage varies by state. Five states have no minimum wage laws, but the federal minimum wage still applies; those include Alabama, Louisiana, Mississippi, South Carolina and Tennessee. In certain states, the minimum wage is more, depending on whether a part...
@pleonasm - I know a lot of people where their sole income comes from minimum wage jobs and they have trouble making ends meet as it is. If they weren't protected by minimum wage laws and earned even less than they do now, they might end up on the street. ...
Minimum wage laws have been in effect in the United States since 1938 when the first federal rate was set at $0.25 per hour.3Amendments were made to theFair Labor Standards Act (FLSA)since then, increasing the base rate of pay for many hourly workers according to inflation. Key Takeawa...