What Is The Minimum Wage In Us, Minimum Wage In The United States Wikipedia

Minimum wage is the lowest amount that the law requires an employer to pay a worker per hour.

New york city minimum wage in 2020. 1 this definition refers to the binding nature of minimum wages regardless of the method of fixing them. What is the 2020 national wage. The federal minimum wage in 2020 is 725 per hour and has not increased since july 2009.

As of july 1 2019 effective state minimum wage rates range from 725 to 1400 per hour. Whats the minimum wage in the united states. The federal minimum wage for covered nonexempt employees is 725 per hour.

The national wage in 2020 is 725 per hour this is the federal minimum wage and has not changed since 2009. States may also set a minimum in which case the higher of the two is controlling. 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 cotton industry is the first to enact such a code which sets a minimum weekly wage of 13 in northern states and 12 in the south in addition to abolishing child labor. As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum. Since july 24 2009 the federal minimum wage is 725 per hour.

Labor law and a range of state and local laws. Minimum wages have been defined as the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period which cannot be reduced by collective agreement or an individual contract. However some states cities and counties have a higher minimum wage rate.

Some territories are exempt and have lower rates. In the united states the federal minimum wage is 725 an houreven though the united states has set the federal law it allows individual states and localities to pass their own wage laws. The minimum wage in the united states is set by us.

Many states also have minimum wage laws. The federal nationwide minimum wage in the united states is us725 per hour. The majority of states do not follow the federal wage since they have a higher minimum wage that is set above the 725 hourly rate in fact 29 states in the us have a higher minimum wage than the federal wage.

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. The federal minimum wage is 725 an hour. However the minimum wage in the us is set at both a state and federal level.

Minimum wages can be set by statute. Where theres a conflict the stricter standard that is the one thats better for the employee applies.