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The government sets a minimum amount you must get paid on average for the hours you work.

New york state minimum wage 2020 long island. School leaving age to get the national minimum wage. Labor law and a range of state and local laws. The national minimum wage was re branded to the national living wage in 2016 for those over 25.

The minimum wage in the united states is set by us. As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum. The minimum wage the lowest hourly amount that an employee may be paid for their labor is determined by both state and federal labor laws in the united statesunder the federal fair labor standards act states and localities are permitted to set their own minimum wage rates which will take precedence over the federal minimum wage rate if they are higher.

25 and over 21 to 24 18 to 20. A compulsory national minimum wage is due to be introduced in april 2016 for all working people aged 25 and over and will be set at 720 per hour 2016. Current rates for the minimum wage.

It is indicated to rise to 900hour by 2020. Since july 24 2009 the federal minimum wage is 725 per hour. This is called the national minimum wage nmw or the national living wage nlw if youre aged 25 or over.

Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law. 725 for employers grossing 299000 or less. Aged 25 to get the national living wage the minimum wage will still apply for workers aged 24 and under.

25 year old employees set to earn 4485 pa. All others are subject to state minimum wage of 200 ok st t. In addition to the new standard.

In 2019 former chancellor sajid javid announced there would be an increase in the national living. This rate is a legally binding statutory minimum wage that is reviewed in april each year. The minimum wage rate varies depending on your age and whether youre an apprentice.

8590 won 75 usd or 86 ppp per hour is the nominal minimum wage in south korea although the real effective comparable minimum wage is higher at 10020 won 9 usd or 10 ppp per hour due to a mandatory weekly paid holiday for people that work more than 15 hours per week a law that is absent in other developed countries. The current national living wage is set at 821 by the government for people aged 25 or older.

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