Us Federal Minimum Wage 2020, Historical Us Federal Minimum Wage Adjusted For Inflation Oc Dataisbeautiful

The federal minimum wage is applicable nationwide and overrides any state laws that provide a lower minimum wage rate to ensure that the local minimum wage in.

What is minimum wage in california 2020. Since july 24 2009 the federal minimum wage is 725 per hour. The federal minimum wage for covered nonexempt employees is 725 per hour. The federal minimum wage was last changed in 2008 when it was raised 070 from 655 to 725.

However some states cities and counties have a higher minimum wage rate. Employers subject to the fair labor standards act must pay the current federal minimum wage of 725 per hour. From 2017 through 2020 the minimum wage will increase annually on a set schedule and will be adjusted annually thereafter based on a set formula.

Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law. Federal minimum wage. Basic minimum rate per hour.

A greater understanding of the scope and exceptions of us federal minimum wage laws could help businesses gain an advantage in the marketplace. As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum. Find a state by state minimum wage breakdown in the post 2020 minimum wage in every us state updated for july or search the table below.

In states that do not set a minimum wage rate or have an antiquated minimum wage rate that is less than the rate set by the federal government the federal minimum wage rate will take precedence and apply to all employees within that state. Employers are required to post the minimum wage as determined by the state and federal laws at all times for their employees. Prior to the last 2009 minimum wage raise the federal minimum wage was 655.

2020 minimum wage rates the chart below lists the most up to date minimum wage rate per state. The table below lists the current prevailing 2020 minimum wage rates for every state in the united states. The federal minimum wage in 2020 is 725 per hour and has not increased since july 2009.

Additionally beginning january 1 2020 tipped employees performing work on or in connection with covered federal contracts generally must be paid a minimum cash wage of 755 per hour. Minimum wage rates will increase as a result of cpi federal wage increase or cost of living accomm. The federal minimum wage is set by a congressional act has been 725 per hour since july 2009.

From january 01 2020 these are the places that will have highest minimum wage of 15 or higher. Labor law and a range of state and local laws. Many states also have minimum wage laws.

In cases where an employee is subject to both the state and federal minimum wage laws the employee is entitled to the higher of the two minimum wages. The federal minimum wage of 725 per hour is the minimum hourly pay any non exempt worker in the united states can be paid for his work.