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What is the minimum wage of Kentucky's border states? Illinois: $14 per hour. Indiana: $7.25 per hour. Missouri: $12.30 per hour. Ohio: $7.25 or $10.45 per hour dependent on the employer's annual ...
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
In Kentucky, the minimum cash wage payment is $7.25 per hour. For tipped employees who earn more than $30 in tips, the tip credit is $5.12 per hour, and the minimum cash wage is $2.13 per hour.
The minimum wage, unchanged since 2009 federally, may shock the residents of some states, especially those earning a rock-bottom tipped minimum wage. ... Kentucky: $7.25. Kentucky’s minimum wage ...
Federal laws. The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [ 45] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
The Fair Labor Standards Act of 1938 29 U.S.C. § 203 [ 1] ( FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week. [ 2][ 3] It also prohibits employment of minors in "oppressive child labor". [ 4] It applies to employees engaged in interstate ...
"Minimum wage" and "living wage" aren't just different concepts. They are also often very far apart. ... Kentucky. State minimum wage: $7.25. Monthly average total cost of living: $3,140. Minimum ...
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. [ 2] Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by ...