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Minimum Wage. The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. 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.
Jul 1, 2024 · Basic Minimum Rate (per hour): $5.15. The State law excludes from coverage any employment that is subject to the federal Fair Labor Standards Act when the federal rate is greater than the State rate. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour.
Dec 6, 2023 · The federal minimum wage is $7.25 per hour. This rate applies to covered nonexempt workers. The minimum wage for employees who receive tips is $2.13 per hour. The amount of tips plus the $2.13 must reach at least $7.25 per hour.
The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [45] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
The federal minimum wage is $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws. Some state laws provide greater employee protections; employers must comply with both.
1 day ago · As a result of the 4-to-3 ruling, labor groups expect Michigan’s hourly minimum wage of $10.33 to increase by at least $2 in February, once the state treasurer calculates inflation adjustments.
Jan 4, 2024 · The table below reflects state and U.S. territory minimum wage levels on Jan. 1, 2924. When a state or territory minimum wage is set at a higher rate than the federal minimum wage, the highest rate prevails.
In 2021, 76.1 million workers age 16 and older in the United States were paid at hourly rates, representing 55.8 percent of all wage and salary workers. Among those paid by the hour, 181,000 workers earned exactly the prevailing federal minimum wage of $7.25 per hour. About 910,000 workers had wages below the federal minimum.
21 hours ago · The new minimum wage will likely be somewhere around $12.50 an hour, giving Michigan the 17th highest minimum wage in the country among the 50 states, according to U.S. Department of Labor data.
20 hours ago · Michigan’s minimum wage now is $10.33 per hour; less for workers in restaurants and other tip industries. It would have increased to $12 by 2022 under the plan in the petition drive. The Supreme Court said a new wage schedule, adjusted for inflation as determined by the state treasurer, must take effect next February and then go up in ...
