What is the current federal Min wage?
The Texas Minimum Wage is currently $7.25 per hour. Texas’s minimum wage is the same as the current federal minimum wage of $7.25 per hour. The minimum wage will likely remain at $7.25 until the federal minimum wage is raised.
What year did federal minimum wage go into effect?
The Fair Labor Standards Act of 1938, signed into law by President Franklin D. Roosevelt, established the federal minimum wage at 25 cents per hour, with a maximum workload of 44 hours and a few other labor protections. By 2010, the federal minimum wage had risen to $7.25 an hour.
What states have a higher minimum wage?
Twenty-nine states and D.C. have a minimum wage higher than the federal minimum wage ($7.25 per hour): Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico,…
What year did minimum wage start in the US?
In the United States, the minimum wage promulgated by the Fair Labor Standards Act of 1938 was intentionally set at a high, national level to render low-technology, low-wage factories in the South obsolete.
What is the minimum wage for federal employees?
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.
How is the federal minimum wage determined?
Realistically, the amount of the minimum wage is largely determined by the sponsor of the bill designed to adjust it. A proponent of raising it might routinely introduce bills in the Senate to that effect. Many of those bills may die in committee, or not receive enough support from the opposite political party.
What is federal minimum wage policy?
Policy Basics: The Minimum Wage. Minimum wage laws set the lowest hourly rate an employer can legally pay certain workers. The federal minimum wage is currently $7.25 per hour. Where states and municipalities have enacted their own higher minimum wage laws, employers must pay at least the state or local minimum.