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Minimum Wage Laws.pdf

r19-883_update_minimum_wage_issue_brief.pdf
Preview of Minimum Wage Laws
🔗 Source: leg.colorado.gov
📊 Size: 490 KB
👤 Author: Clare Pramuk
⬇️ Downloads: 67

Summary

Federal law requires employers to pay a minimum hourly wage, with states allowed to set different pay standards, and the higher wage prevailing if state and federal law differ. The federal minimum wage was instituted in 1938 and has been increased 23 times, currently at $7.25 per hour for most workers and $2.13 per hour for tipped workers. Colorado's minimum wage law was set by federal law prior to 2007, but was raised to $6.85 per hour in 2007 and has been adjusted annually for inflation, reaching $12.00 per hour in 2020. As of 2019, 29 states and the District of Columbia have set minimum wage rates higher than the federal rate.

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Description

Federal law requires employers to pay a minimum hourly wage, with states allowed to set different pay standards, and the higher wage prevailing if state and...

Technical Information

  • File Format: PDF
  • File Size: 490 KB
  • Pages: 2
  • Language: EN
  • Author: Clare Pramuk
  • Total Downloads: 67
  • Last Updated: 1 month ago

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This PDF document about Minimum Wage Laws provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Minimum Wage Laws.

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