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Workers in Washington state stand to earn the highest minimum wage in 2023 at $15.74 an hour, according to data from Wolters Kluwer Legal & Regulatory. The lowest minimum wage will be paid to ...
Washington state’s minimum wage will increase 54 cents to $16.28 an hour next year. The Washington Department of Labor and Industries made the announcement Friday, The Seattle Times reported.
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.
Meanwhile, California enacted industry-specific hourly wages in 2023: Fast-food workers now earn a minimum wage of $20 an hour starting in April, while health care workers will make at least $25 ...
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.
In the United States, each state is allowed to set its minimum wage independently of the federal government. Where the state and federal minimum wage differ, the higher wage prevails. As of August 2022, 30 states had a minimum wage higher than the federal minimum. [8] Washington, D.C. has the highest minimum wage at $17.50 per hour. [1]
The wage is adjusted based on changes to the Consumer Price Index
The company received media attention in 2015 when CEO Dan Price announced that his employees at the Seattle office would receive a minimum salary of $70,000. [3] In September 2019, Price issued an additional increase of $10,000 to all employees in the Boise office, with salaries increasing every year until 2023, when it would reach $70,000. [4]
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