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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 ...
The current minimum wage in California is $16 an hour and adjusts for inflation. The new proposal would increase pay at different times depending on how many employees a company has, with all ...
With the federal minimum wage at $7.25 an hour (unchanged for 13 years and counting), states across the country continue to take matters into their own hands. ... Updated January 3, 2023 at 6:37 ...
A close second is California, which is raising its minimum to $16 from $15.50 on January 1. The state with the biggest jump in its minimum wage this year will be Hawaii, which is hiking it by $2.
For large employers when the employer's annual gross revenues are $500,000 or more, the Minnesota minimum wage became $10.59 on January 1, 2023. For small employers when the employer's annual gross revenues are less than $500,000, the minimum wage became $8.63 on January 1, 2023. Overtime applies after 48 hours per week.
Raise the Wage Act of 2023. To provide for increases in the Federal minimum wage, and for other purposes. History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1] [2] The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$15.
January 2, 2024 at 4:53 PM ... California enacted industry-specific hourly wages in 2023: Fast-food workers now earn a minimum wage of $20 an hour ... Outside of California, Denver’s new minimum ...
1 January 2024 Luxembourg: €2570.93 (minimum wage is fixed at an hourly rate and at a monthly rate simultaneously) €2,145.00: €2570.93 €14.86 1 September 2023 Malta: €854.16 (minimum wage is fixed at a weekly rate) €791.00: €854.16 €5.34 1 January 2024 Netherlands: €2300.00 (minimum wage is fixed at an hourly rate) €1,887.00 ...