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As of October 2023, France has the highest hourly minimum wage at $13.80 per hour. [1] The United States has a comparatively low minimum wage for hourly workers at $7.25 per hour. Unusually, this rate does not apply to tipped employees, who are only entitled to an hourly wage of $2.13, which contributes to a strong tipping culture in the country.
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
There are also 32 states that have state prevailing wage laws, also known as "little Davis–Bacon Acts". The rules and regulations vary from state to state. As of 2016, the prevailing wage requirement, codified in the Davis–Bacon Act, increases the cost of federal construction projects by an average of $1.4 billion per year. [3]: 1
Republican Gov. Glenn Youngkin vetoed bills that would have increased the minimum wage in Virginia to $15 per hour by 2026. What's next for wages?
(The Center Square) — Despite Republican Gov. Glenn Youngkin vetoing Democrats’ attempts to raise Virginia’s minimum wage during the last legislative session, minimum wage will still ...
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [ 2 ] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings.
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As an example (and not including locality adjustments), an employee at GS-12 Step 10 (base salary $96,770) being promoted to a GS-13 position would initially have his/her salary set at GS-13 Step 4 (base salary $97,373, as it is the nearest salary to GS-12 Step 10 but not lower than it), and then have his/her salary adjusted to a higher step ...
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