National Minimum Wage 2020 Usa

However some states cities and counties have a higher minimum wage rate. The increases will be in 24 states and 48 cities and counties. Employers subject to the fair labor standards act must pay the current federal minimum wage of 7 25.

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Table of minimum wage by state.

National minimum wage 2020 usa. The minimum wage the lowest hourly amount that an employee may be paid for their labor is determined by both state and federal labor laws in the united states under the federal fair labor standards act states and localities are permitted to set their own minimum wage rates which will take precedence over the federal minimum wage rate if they are higher. Effective january 1 2020 the minimum wage increased to 10 00 and will increase to 11 00 in 2021. Employees in the banking and insurance sector had a minimum monthly wage of 336 birr 18. The federal minimum wage for covered nonexempt employees is 7 25 per hour.

This page is also available in welsh cymraeg. The federal minimum wage in 2020 is 7 25 per hour and has not increased since july 2009. Historical table use the legend on the left to highlight different minimum wage categories and click on any state to learn about applicable minimum wage laws. 12 00 for business with 25 employees or fewer effective on january 1 2020 and increases to 15 00 by 2022.

Updated january 1 2020. When the state city or county minimum wage rate is higher than the federal rate employers are required to pay workers the higher amount. The minimum wage is set to go up in 72 us jurisdictions in 2020. No state minimum wage law.

This report reviews those increases and the lpc s new remit to 2024. Public sector employees the largest group of wage earners earned a monthly minimum wage of 420 ethiopian birr 21. Some government institutions and public enterprises set their own minimum wages. Many states also have minimum wage laws.

For small employers 14 or fewer employees the schedule of increases is as follows. 13 00 yes minimum wage increased to 13 00 for business with 26 employees or more. National minimum wage and national living wage rates the hourly rate for the minimum wage depends on your age and whether you re an apprentice. National living wage and national minimum wage rates increased on 1 april 2020.

State 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. 5 the maine minimum wage is automatically replaced with the federal minimum wage rate if it is higher than the state minimum.