What is minimum wage?

-$7.25 last i knew. Thats what im getting paid now$7.25 last i knew. Thats what im getting paid nowwhat is minimum wage?

the lowest wage paid



what is THE minimum wage?

depends on where you are



there are a lot of wrong answers here on this subject,

the federal minimum wage which is set under FLSA is $7.25 an hour but FLSA only covers certain businesses....

state laws cover all the businesses in their state (except those which are exempt) and may have a HIGHER or LOWER minimum wage, some states have NO minimum wage at all.....



to understand what businesses are covered by FLSA see:

http://www.dol.gov/whd/regs/compliance/w鈥?/a>

for a list of all the state's minimum wages see:

http://www.dol.gov/whd/minwage/america.h鈥?/a>
Set by Federal as 7.25

States can raise it but not lower it.

There are interesting laws and loopholes with it. For example a server at a restaurant an be paid less than minimum wage if theorized tips can make it up to minimum wage.
Minimum wage is the lowest possible salary that businesses can pay its employees whether per hour, per day, or per month, as mandated by law.
the minimum amount of money an employer can pay you per hour.

As of now it is 7.25 an hour set by the federal government. states can raise it though.
Minimum wage is the lowest legal amount a company can pay you, as defined by the government.
Federal is $7.25

States set their own minimum wage

Counties set a higher living wage
the least amount of money that your job offers. The more experience you have, the more money you earn!
7.25/hour, but some states have a higher wage.
the average salary an occupation pays an employee with no college degree