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Minimum Wage Laws

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In 1938, the Fair Labor Standards Act (FLSA) was signed into law to establish a standard minimum wage. The law also created a standard in recordkeeping, the use of child labor, and the number of hours an employee may work during a workweek. These standards of the FLSA are enforced by the Wage and Hour Division of the U.S. Department of Labor.
As part of the 2007 Fair Minimum Wage Act, the current federal minimum wage for nonexempt employees is $7.25 per hour. However, many states also have their own minimum wage laws. If an employee is faced with both the federal and state minimum wage laws that employee is to acquire the higher minimum wage, which is the most beneficial to the employee.
According to the United States Department of Labor, …show more content…

As of December 31, 2015, the wage paid to employees in the fast food industry in New York City is $10.50 per hour and $9.75 per hour for workers in the rest of the state. Under state law, employers must pay at least $2.13 an hour to the employee even if the employer includes tips earned as part of an employee’s wage. However, if the combined hourly wage and the tips of the employee do not reach the minimum wage requirement, the difference must be compensated by the employer. In New York’s hospitality industry the minimum wage for tipped workers is $7.50 per hour if enough tips is earned. For other tipped workers, an individual must earn at least $1.35 per hour in tips in order to receive $7.65 per hourly wage, or $6.80 per hour if the individual can earn at least $2.20 per hour in …show more content…

When planning and establishing a wage/salary for employees of a company, many considerations should be addressed according to current economic situations as well as current federal, state, and/or international minimum wage laws. Other factors such as employee benefits and/or bonuses should also be considered in terms of setting employees’ salaries. Although all corporations must adhere to the laws, HR should consider and expect future budget increase and be able to create and establish a beneficial salary/wage for employees that would allow the corporation to be competitive while being cost

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“President Roosevelt signed the Fair Labor Standards Act (FLSA) into law in early 1938. The FLSA introduced sweeping regulations to protect American workers from being exploited, and created a mandatory federal minimum wage of 25 cents an hour in order to maintain a "minimum standard of living necessary for health, efficiency and general well-being, without substantially curtailing employment" (Minimum Wage, 2017). Virginia’s minimum wage policy has always been aligned with the federal guidelines for wages. The last increase in the minimum wage policy was in

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Cities are also allowed to pass minimum wage rates and several cities have recently adopted regulations that establish a higher minimum wage rates. For example, Los Angeles signed into law a bill that would raise the minimum wage to $15 an hour by 2020 (Wattles). According to a Pew Research

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I watched a documentary called “Living on Minimum Wage” in the series Thirty Days. In the series Thirty Days, a man named Morgan Spurlock puts himself into certain situations to experience the problems some Americans face everyday. Mr. Spurlock decided to live off of minimum wage in the state of Ohio. The minimum wage in Ohio now is $8.10 per hour, but in 2005, when the episode was filmed, the minimum wage was $5.15 per hour. He started off with one week worth minimum wage ($300).

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A majority of states customarily have a minimum wage of $10.00 or even more. With a wage of $7.25 it is genuinely arduous to make a living in the state of Texas unless an individual works a numerous amount of hours for such minute pay. Business like Walmart have taken matters

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Minimum wage is the lowest hourly wage that a state is legally required to pay a worker. Supporters of minimum wage believe that it guarantees the workers the ability to provide for themselves and for others. Minimum wage jobs are front desk workers on college campuses, a restaurant hostess, fast food workers, or even a cashier at a grocery store. In the United States, the minimum wage has risen from $1.00 in 1960 to $7.25 in 2015. I viewed two different locations, both of which being Chick-fil-A restaurants.

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Should the Federal Minimum Wage be Increased? Have you ever thought that you wanted a raise at work but did not have reasons? In this essay you can give your boss these reasons and get more money. The minimum wage in 2012 was $7.25. The minimum wage is a large-scale reason of poverty.

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What is minimum wage and why is it important? It is self-explanatory; it is the minimum amount that a worker can be paid for an hour of work. It is important as it is the building block of someone’s career. The federal minimum wage is $7.25 an hour. There are also state minimum wages that differ from this but almost all of them are near the federal amount.

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1393 Words | 6 Pages

Minimum wage law identifies the minimum hourly, daily or monthly wage for the workers and prohibits the employers from hiring the workers below the set limit. The federal minimum wage has remained $7.25 since the year 2009 but the employees in most of the states are covered by the higher minimums. In the past, the minimum wages were given a lot of consideration. Initially, the laws were only applicable to children and women. It was after Great Depression that the laws were applied to the complete workforce in many countries.

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1015 Words | 5 Pages

Some proponents of raising the minimum wage argue that the current minimum wage, currently $2.13 for tipped employees and $9 for tipped employees, is not a living wage. According to University of California Davis, minimum wage workers make around $15,000 a year after taxes. On the surface, this does seem like a terribly low number.

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The law permits that employers are required to pay their workers an established minimal amount for their work known as minimum wage. In the United States there are many individuals struggling to live due to only being paid the minimum wage. Many families consists of working parents but they are paid minimum wage from their employers struggling to live comfortably due to such a low pay wage. The controversy of raising minimum wage has been an ongoing topic throughout the years with many different point of views upon the issue.

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Should Federal Minimum Wage be $15 an hour? The Fair Labor Standards Act of 1938 states that workers will be given a livable wage. By definition, a living wage is the minimum income necessary for a worker to meet basic needs. In the words of congress, it is “the minimum standard of living necessary for health, efficiency, and general well-being.”

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Introduction More numbers of state are joining to take action to raise the minimum wage to $15 per hour in a few years even though there is a high disputing controversial all over the nation. The federal has set the minimum wage level to $7.25 on Jan. 1, 2015. In less than a year the index number of the minimum wage is going up automatically with cost of living. And eventually it will be likely to increase year by year with automatic and expectation index.

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Minimum Wage The minimum wage is known as the lowest wage a worker can be paid, according to rules set either by the local, state, or federal government. Since 1997, the minimum wage has been set as $7.25 per hour of work. However, this does not mean that some companies and/or businesses have been paying their workers more than what is set as the required pay. As simple as it may sound, the topic of minimum wage raises much controversy throughout the nation.

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There are a lot of potential benefits for an increase in minimum wage and on the surface it’s hard to see why you wouldn’t want to increase the wage. One of the clearest to see is that an increase to the minimum wage will also increase the spending for each household during the following years. So it works to help stimulate the economy in whatever area you increase the minimum wage. Along those same lines increasing the minimum wage will lead to a decrease in poverty as well. With the decrease in poverty you will also see a decrease in government spending on welfare items because the individuals receiving the higher wage in theory will be able to pay for these services/welfare items without assistance.

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Minimum wage was first established in 1938 by Franklin Delano Roosevelt, in an attempt to stimulate economic growth and create a better standard of living for the lower class. This attempt was fairly successful, but also has many consequences. You may be asking yourself, “how on Earth could setting a limit on how little you can pay someone be bad?” On the surface this statement seems logical, but if we delve deeper we begin to see many negative effects on the implementation of minimum wage. In our nation the minimum wage law almost seems out of place, like it doesn’t quite fit in.

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