From July 24, 2009 the federal minimum wage increased to $7.25 per hour.
Financial and business terms. 2012.
Minimum wage law — is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation.[1] Until recently, minimum wage… … Wikipedia
Minimum wage history — The history of minimum wage is about the attempts and measures governments have made to introduce a standard amount of periodic pay below which employers could not let their workers fall.In 1824 in Victoria, Australia, an amendment to the… … Wikipedia
Minimum wage in the United States — History of the federal minimum wage in real and nominal dollars. As of July 24, 2009 (2009 07 24) … Wikipedia
Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… … Wikipedia
Minimum wage — The minimum rate that an employee can be legally paid is referred to as the minimum wage. The minimum wage law was first introduced in the United States in 1938 (at $.25 per hour), although the state of Massachusetts had declared a minimum… … Historical Dictionary of the Fashion Industry
Minimum Wage — The minimum amount of compensation an employee must receive for performing labor. Minimum wages are typically established by contract or legislation by the government. As such, it is illegal to pay an employee less than the minimum wage. The… … Investment dictionary
minimum wage — ➔ wage * * * minimum wage UK US noun [C, usually singular] ECONOMICS ► the lowest amount that employers can legally pay employees: »He earns the minimum wage of $5.50 an hour. above/below the minimum wage »30,000 workers were still being paid… … Financial and business terms
Fair Minimum Wage Act of 2007 — The Fair Minimum Wage Act of 2007 (USPL|110|28, Title VIII) is an Act of Congress that amends the Fair Labor Standards Act of 1938 and gradually raises the federal minimum wage from $5.15 per hour to $7.25 per hour. It was signed into law on May… … Wikipedia
History of the minimum wage — The history of minimum wage is about the attempts and measures governments have made to introduce a standard amount of periodic pay below which employers could not let their workers fall. Contents 1 Nineteenth century 2 Twentieth century 3 See… … Wikipedia
minimum wage — n: a wage fixed by contract or esp. by law as the least that may be paid either to employees generally or to a particular category of employees compare scale Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
