As required by federal law, the minimum hourly wage that employers must pay their employees Adjusted periodically for inflation and other factors, the minimum wage is supposed to provide workers with the income needed to be self-sustaining and to obtain the ordinary requirements of life
The minimum wage is the lowest wage that an employer is allowed to pay an employee, according to a law or agreement. the lowest amount of money that an employer can legally pay to a worker. Wage rate established by collective bargaining or by government regulation, specifying the lowest rate at which workers may be employed. A legal minimum wage is one mandated by government for all workers in an economy, with few exceptions. Privately negotiated minimum wages determined by collective bargaining apply to a specific group of workers in the economy, usually in specific trades or industries. The modern minimum wage, combined with compulsory arbitration of labour disputes, first appeared in Australia and New Zealand in the 1890s. In 1909 Britain established trade boards to set minimum wage rates in certain trades and industries. The first minimum wage in the U.S. (which applied only to women) was enacted by Massachusetts in 1912. Minimum wage laws or agreements now exist in most nations
The lowest compensation you are allowed to pay an employee for hourly work It is defined by Federal and state laws State laws may be more restrictive than Federal law, and certainly may differ
The lowest compensation you are allowed to pay an employee for hourly work It is defined by Federal and by state laws State laws may be more restrictive than Federal law, and certainly may differ
The least amount an employer can pay workers, according to the federal government law known as the Fair Labor Standards Act Some states have http: //www dol gov/dol/esa/public/minwage/america htm">different minimum wage standards
An amount set by Congress that is the minimum rate that can be paid to workers who are covered by the Fair Labor Standards Act At this writing, it is $5 15 an hour