What is the lowest salary in America?

The federal minimum wage for covered nonexempt employees is $7.25 per hour.

dol.gov - Minimum Wage | U.S. Department of Labor

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The federal minimum wage for covered nonexempt employees is $7.25 per hour.

Many states also have 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. The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). The FLSA does not provide wage payment or collection procedures for an employee's usual or promised wages or commissions in excess of those required by the FLSA. However, some states do have laws under which such claims (sometimes including fringe benefits) may be filed. The Department of Labor's Wage and Hour Division administers and enforces the federal minimum wage law.

Webpages on this Topic

Minimum Wage Overview

History of Minimum Wage

State Minimum Wage Laws

A clickable map that tells you what the minimum wage laws are in each state.

Compliance Assistance: Minimum Wage

Questions and Answers About the Minimum Wage

Answers to questions ranging from "How often does the minimum wage increase?" to "Who ensures that workers are paid at least the minimum wage?"

What is the Minimum Wage?

What is the Minimum Wage for Workers Who Receive Tips?

Must Young Workers Be Paid the Minimum Wage?

Information on the Youth Minimum Wage Program

A minimum wage of not less than $4.25 may be paid to employees under age 20 for their first 90 consecutive calendar days of employment, as long as their employment does not displace other workers.

Fact Sheet on Hours Worked Under the Fair Labor Standards Act

Provides general information concerning what constitutes compensable time under the FLSA.

Coverage Under the Fair Labor Standards Act Fact Sheet

General information about who is covered by the FLSA.

Equal Pay Act of 1963 (Public Law 88-38)

Equal pay provisions prohibit sex-based wage differentials between men and women employed in the same establishment who perform jobs requiring equal effort, skill, and responsibility. These provisions are enforced by the Equal Employment Opportunity Commission (EEOC).

Laws on this Topic

29 USC Chapter 8, Section 206 – Minimum Wage Statutes

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What are 10 habits millionaires have?

10 Habits of Self-Made Millionaires That Could Make You Rich They're Frugal. ... They Grow Their Money, Not Businesses. ... They Invest in Stocks. ... They Earn Compound Interest Instead of Paying It. ... They Develop Multiple Income Streams. ... They Buy (and Hold) Their Cars. ... They're Persistent. ... They Have — and Often Become — Mentors. More items... •

gobankingrates.com - 10 Habits of Self-Made Millionaires That Could Make You Rich

If you weren’t born rich but you dream of getting there someday, good news: Dreams do come true. According to “The Millionaire Next Door,” an enduring 1996 bestseller that continues to be updated today, 80% to 85% of millionaires are self-made.

See Our List: 100 Most Influential Money Experts

Find Out: How Rich Is Former President Donald Trump?

One million Americans became millionaires in 2021, according to a report from investor research firm Spectrem Group. That means 800,000 to 850,000 people earned their second comma last year alone through hard work, cautious risk, stick-to-itiveness and luck — but not inheritance. Each of them is an individual, but self-made millionaires tend to share some common traits. Want to join the club? Consider adopting the habits of people who made themselves rich.

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Awaken your dormant DNA ability to attract wealth effortlessly

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Can I retire at 60 with $600?

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The simple yet scientifically proven Wealth DNA method laid out in the report allows you to effortlessly start attracting the wealth and abundance you deserve.

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Which Lakshmi is for money?

Dhana Lakshmi: Dhana means money. Dhana Laxmi is the Goddess of wealth. Apr 18, 2022

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