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1 Jan 2024 Egypt: None; The minimum wage of public sector is LE 6,000 (US$123.6) per month. The private sector (There are certain grace periods in certain industries such as tourism, retail, and clothing.) is LE 6,000 (US$123.6) per month. [88] 42 May 2024 El Salvador: The minimum wage was set by the government at US$304.17 monthly in 2018. [10 ...
The minimum wages listed refer to a gross amount, that is before deduction of taxes and social security contributions, which vary from one city to another. Also excluded from calculations are regulated paid days off, including public holidays, sick leave, annual leave and social insurance contributions paid by the employer.
However, the city of Portland will increase its minimum wage to $13, $14 and then $15 at the beginning of 2022, 2023 and 2024, respectively. And that is not the only caveat to state minimum wage laws.
The Fair Minimum Wage Act of 2007 is the current federal minimum wage law of the United States. It was signed into law on May 25, 2007 [ 134 ] as a rider to the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007 .
The Minimum Wage Fixing Convention is an International Labour Organization standard adopted in 1970. The Convention requires states to establish systems of minimum wages and to implement machinery for the fixing and revision of minimum wages. [1] The Convention requires states to consult with employers and trade unions when fixing minimum wages ...
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.
Minimum wage in South Korea with terms of presidents. The South Korean government enacted the Minimum Wage Act on December 31, 1986. The Minimum Wage System began on January 1, 1988. At this time the economy was booming, [195] and the minimum wage set by the government was less than 30 percent of that of real workers. The Minister of Employment ...
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