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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.
Cook County: $14.05 since July 1, 2024 eventually aligning with Illinois' statewide $15 minimum wage by 2025. The base wage for tipped employees is $8.40 since January 1, 2025. [233] However, a large number of municipalities located within Cook County have opted-out of the county-level minimum wage ordinance. [234] Indiana: $7.25 [235] $2.13 ...
Minimum wage rates vary greatly across many different jurisdictions, not only in setting a particular amount of money—for example $7.25 per hour ($14,500 per year) under certain US state laws (or $2.13 for employees who receive tips, which is known as the tipped minimum wage), $16.28 per hour in the U.S. state of Washington, [29] or £11.44 ...
Minimum wage: $5.15 . In 2025 money: $10.28. The U.S. minimum wage finally broke the $5 mark for the first time in history in 1997. It would hold at $5.15 through the rest of the '90s and most of ...
The tipped wage is base wage paid to an employee in the United States who receives a substantial portion of their compensation from tips.According to a common labor law provision referred to as a "tip credit", the employee must earn at least the state's minimum wage when tips and wages are combined or the employer is required to increase the wage to fulfill that threshold.
For example, if the CPI-W rises by 3% between July 2022 and July 2023, the 2024 minimum wage will also go up by 3% to $12.36 per hour. We won’t know for sure until the end of September what next ...
Mostly large US corporations are projecting an average increase in their base pay budgets of 3.9% ... (32%); to bring pay up to the minimum for salary ranges for a given role (29%); to recognize a ...
The Australian National Minimum Wage is the minimum base rate of pay for ordinary hours worked to any employee ... For example, Mumbai has a minimum wage of Rs. 348 ...