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The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
The salary cap for the 2022–23 season is $123.655 million (minimum team salary, which is set at 90 percent of the Salary Cap, is $111.290 million). [6] The league's newest CBA, which took effect with the 2023–24 season, requires teams to meet the 90% salary floor at the start of preseason training camp.
Following the enactment of the Puerto Rico Minimum Wage Act (Law 47 of 2021) there will be a yearly increase of the minimum wage from $7.25 to $10.50 per hour by July 1, 2024. Minimum wage increased to $8.50 on January 1, 2022, [329] with subsequent increases for all employees covered by the FLSA as follows: [330] $9.50 on July 1, 2023
Work hours per renter per week at minimum wage to afford rent: 43. 8. Cincinnati, Ohio. Median asking rent: $1,365. Minimum wage 2024: $10.45. Work hours per renter per week at minimum wage to ...
For instance, the minimum wage in New York City is $16 an hour, $1 higher than in the state. As of 2022, about 1.23 million workers in the U.S. made at or below the federal minimum wage, according ...
Consider minimum wage workers living in the Golden State: They make $16 per hour, which is the third-highest minimum wage in the country (second place goes to Washington at $16.28 and first place ...
The collective bargaining agreement (CBA) of the National Basketball Association (NBA) is a contract between the league (the commissioner and the 30 team owners) and the National Basketball Players Association (NBPA), the players' union, that dictates the rules of player contracts, trades, revenue distribution, the NBA draft, and the salary cap, among other things.
Minimum wage employees in 22 states received a raise to start 2024 — the Lone Star State was not one of them. Here's how we compare Some states are raising minimum wage in 2024.