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Minimum wages are set both nationally and statewide. The minimum wage gives employers a guideline as to the legal minimum amount paid to employees. the minimum wage served to keep 86% of workers and their families above the poverty line for a family of four. Today that percentage has dropped to 64%, in effect leaving 36% of wage earners living at or below the poverty line. The current minimum wage amounts are roughly half of what the projected living wage is in any given area.
Living wage is defined as the estimated amount of income necessary to live comfortably and put a family into the bracket of middle class.
What else can I help you with?
Is the minimum wage the same as living wage in the US?
noo
What is the comparison between minimum wage and living wage?
the minimum wage is 5.35 im the uk....and the average pay is something like 25 k.......:) not sure what the living wage is....Hope this helped
Is Minimum wage a living wage?
In most cases that I've heard of, minimum wage is not enough for an average person to live on. Maybe if you are living with parents and use public transport, but seldom enough for a life .
What is the minimum wage in Philippine?
The minimum wage in Metro Manila is $4.02 per day. But this varies depending on industry. There is an article about it here: http://cebuexperience.com/living-in-the-Philippines/philippine-government/minimum-wage-in-the-philippines/
What was the minimum wage of bread in 2011?
Bread is not a living being capable of obtaining and maintaining a career that would earn it minimum wage.
What is living wage?
A living wage is a wage that ensures minimum acceptable living standards. All the definitions on wage issues can be found here: http://www.fair-wage.com/en/fair-wage-approach-menu/12-fair-wage-dimensions-menu.html
How much was minimum wage in Arizona in 1980?
In 1980, the minimum wage in Arizona was $3.35 per hour. This amount was consistent with the federal minimum wage at that time, which was also $3.35. Arizona's minimum wage has since increased significantly, reflecting changes in the economy and cost of living.
Does Aldi pay living wage UK?
Aldi will pay at least the minimum wage as mandated by law. There is no living wage defined as yet (2016), though there is a movement to introduce one.
What is the minimum wage in Kansas?
The minimum wage is $7.25, the same as federal minimum wage.
What was the Maryland minimum wage in 2008?
The minimum hourly wage is $7.25 in Maryland pegged to the Federal Minimum Wage rate as of 2009. The rate is $10.50 in many counties (considered a living wage) for employers who have federal contracts. Tipped employees have a minimum hourly wage of $3.63, higher than the federal level of $2.13.
What are the Forms of wages?
Wages have been classified into three different categories. The categories are living wages, minimum wages, and fair wages. Living wages are often defined as the wages needed in order to provide the necessities in order to live; such as food, clothing, and housing. Minimum wage is determined by the government, and are the lowest wages one can legally earn. Fair wage is the mean between the living wage and the minimum wage.
Did they have a minimum wage in the 1800s?
there was no minimum wage then:)
