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Contents
- 1 What Is The Minimum Wage Federal Government
- 2 Federal Register :: Minimum Wage For Federal Contracts Covered By Executive Order 14026, Notice Of Rate Change In Effect As Of January 1, 2023
- 3 Increase In Minimum Wage For Federal Contractors
- 4 What Is Minimum Wage?
What Is The Minimum Wage Federal Government
Glish: US minimum wage map. U.S. State, District of Columbia and U.S. Territory wise minimum wage. The federal minimum wage of $7.25 an hour applies to states without a minimum wage and to most workers in states with lower minimum wages. Specifically, those who work for employers subject to the Fair Labor Standards Act. Special minimum wages apply to some workers in American Samoa. More information here. See a list of US states by minimum wage.
Political Calculations: Which Minimum Wage?
State minimum wage laws. U.S. Department of Labor. Click on the states on that map to see the exact minimum wage information by state. District of Columbia and U.S. See bottom of page for territories. Table of Minimum Wages See: Consolidated Minimum Wage Table. U.S. Department of Labor.
U.S. Wage and Hour Division of the Department of Labor. Added title at the top with an image editor like the freeware IrfanView: Edit > Insert text: “US State Minimum Wage Laws. Updated …”
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This file is recognized as free of known restrictions under copyright law, including all related and neighboring rights. True or False: As an employer, you can pay employees whatever amount you want. wrong This is 100% wrong. why Because of minimum wage laws.
Federal Register :: Minimum Wage For Federal Contracts Covered By Executive Order 14026, Notice Of Rate Change In Effect As Of January 1, 2023
But what is the minimum wage? Depending on your business location, you may have different federal, state and local minimum wage rates. To ensure your business complies with labor laws, know the minimum wage.
Minimum wage is the lowest amount you can legally pay an employee for an hour worked. You can pay more than the minimum wage if you want, but you cannot pay less than the minimum wage.
Minimum wage laws do not apply to independent contractors, so it’s critical to make sure you classify your employees correctly.
What happens if the state minimum wage is lower than the federal minimum wage? What if the local minimum wage is lower than the federal minimum wage?
Minimum Wage Is Not A Livable Wage
If the state or local minimum wage is lower than the federal minimum wage, you must pay your employees at least the federal minimum wage rate.
What if the state or local minimum wage is higher? If the state or local minimum wage is higher than the federal rate, pay your employees the state or local rate, whichever is higher.
Pro tip: When choosing between federal, state and local minimum wage laws, always pay your employees the highest rate.
The federal minimum wage is set by the Fair Labor Standards Act (FLSA) and the U.S. Administered by the Department of Labor (DOL).
New Year, New Minimum Wage Rates: 2019 Rates For Dc, Maryland And Virginia
So, what is the national minimum wage? The current federal minimum wage is $7.25 an hour. However, the federal minimum wage will likely increase in the coming years.
But if you don’t know all the FLSA rules, you could be violating them and paying high fees. Check out our free whitepaper, FLSA Cheat Sheet, to learn the FLSA rules, must-have resources, and more.
Each state can set its own minimum wage. If the state minimum wage is higher than the federal minimum wage, pay employees at least the state minimum wage.
For example, the minimum rate in Ohio is $10.10 an hour by 2023. If you have employees in Ohio, you must pay them at least the state minimum because the federal minimum wage is higher than $7.25.
Increase In Minimum Wage For Federal Contractors
Many states have passed legislation to raise the state minimum wage to $15.00 for a given year. For example, Connecticut Public Act No. 19-4 states that the state minimum wage shall increase annually over a period of five years. As Connecticut follows this minimum wage increase schedule, the state minimum wage will reach $15.00 an hour in 2023.
Use the map below to see which states follow the federal minimum wage rate and which set their own minimums.
You may be wondering what the minimum wage is in your state. Check out our state-wise minimum wage rate chart below to find out. Remember that states follow the federal minimum wage base of $7.25.
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What Is Minimum Wage?
*These states do not have a state-mandated minimum wage. Instead, most employers must pay the federal minimum wage.
** The minimum wage for employers not covered by the Fair Labor Standards Act in these states is $5.15. Most employers are covered by the FLSA and must pay the federal minimum wage of $7.25.
Heads up! State minimum wage laws change from time to time. Stay up-to-date with your state’s minimum wage requirements by checking your state’s website periodically.
Some cities and counties create local minimum wages that differ from state or federal rates. Local wages are more common in larger cities. Employers must pay the higher of the two rates if the local minimum wage differs from the state minimum wage.
Chart: The U.s. Minimum Wage By State
For example, the minimum wage in San Francisco is $18.07 an hour. Employers in San Francisco must pay employees the minimum local base wage because it is higher than both the state and federal minimums.
Use the chart below to get started. However, check your city’s laws, as this may not be an all-inclusive list.
$16.50 (Employers with 500 or fewer employees pay $2.19 per hour for medical benefits and/or employees earn $2.19 per hour in tips)
$18.69 (employers with 500 or fewer employees who do not pay $2.19 per hour for medical benefits and/or employees earn $2.19 per hour in tips)
Characteristics Of Minimum Wage Workers, 2021
As with state minimum wages, local rates may vary. Contact your local government for more information.
The FLSA currently allows a tip credit, which lowers the federal minimum wage for tipped employees. Tipped employees have a lower base salary because their tips must cover the rest of their wages.
The federal tipped minimum wage is currently $2.13. This applies to employees who earn more than $30 in tips per month.
Individual states also have minimum wage laws for tipped employees. Check your state’s minimum wage laws to learn more.
Democrats Close But Still Short Votes Needed To Pass $15 Minimum Wage
The FLSA also allows for a special youth minimum wage. You can pay employees under the age of 20 $4.25 for the first 90 days of employment. After 90 consecutive days of employment or after the employee reaches age 20 (whichever comes first), the employee must earn minimum wage.
Some states have higher youth minimums than the federal youth minimum wage. For more information, see the U.S. See the Department of Labor website.
When looking at state and local minimum wage laws, you may come across the term “living wage.” For example, Nassau County, NY uses a living wage in place of the minimum wage. So, what is a living wage?
A living wage is a state or local minimum wage that is higher than the federal or state minimum wage. Lawmakers can set these wages to meet or exceed federal poverty guidelines for a family of four. Or, they can choose a living wage commensurate with the cost of living in a particular geographic area. The aim of living wage laws is to reduce poverty through increased incomes.
Everything You Need To Know About The Minimum Wage
Some living wage laws may also mandate paid time off, health insurance coverage, or other benefits for employees.
Minimum wage and living wage laws can overlap. Or, efforts to raise minimum wage rates could be replaced by living wage laws.
Get up and running with free payroll setup and enjoy free expert support. Try our payroll software on a free, no-obligation 30-day trial. As the cost of living in the U.S. continues to rise, many critics argue that the $7.25 an hour federal minimum wage will not cut it. The minimum wage is the minimum wage you can pay employees, and the federal government hasn’t changed its minimum wage rate since 2009.
However, many states have been increasing their minimum wage over the years to support their citizens. And employers are required to pay the highest minimum wage applicable in their area.
Keeping up with these changes almost every year can be challenging, especially if you have employees in multiple states.
But what is the minimum wage in all 50 states? We cover it all
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