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Workers in Washington state stand to earn the highest minimum wage in 2023 at $15.74 an hour, according to data from Wolters Kluwer Legal & Regulatory. ... Workers under 16 years old can be paid ...
In 1938 the Fair Labor Standards Act established it at $0.25 an hour ($5.19 in 2022 dollars). Its purchasing power peaked in 1968 at $1.60 ($13.46 in 2022 dollars). [1] The Fair Minimum Wage Act of 2007 has set the minimum wage at $7.25 per hour since 2009. The real value of the federal minimum wage in 2022 dollars has decreased by 46% since ...
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.
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
Nevada: The minimum wage will increase from its current $10.50 to $11.25 on Jan. 1, 2023. Delaware: The minimum wage will increase from its current $10.50 to $11.75 on Jan. 1, 2023. Florida: The ...
Washington state’s minimum wage will increase 54 cents to $16.28 an hour next year. The Washington Department of Labor and Industries made the announcement Friday, The Seattle Times reported.
Minimum wage policy plan. Seattle's minimum wage ordinance started to take effect on the 1st of April 2015. Under the policy, small businesses (500 employees or less) would have a wage of $15 per hour by 2021. A temporary "compensation responsibility" of $15 per hour would have been established for small businesses by 2019.
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