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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.
How much was minimum wage in mo in 1970?
In 1970, the minimum wage in Missouri was $1.60 per hour. This was in line with the federal minimum wage, which was also set at $1.60 during that time. Minimum wage rates have changed significantly since then, reflecting inflation and changes in the cost of living.
What was the minimum wage for New York in 1990?
In 1990, the minimum wage in New York was $3.80 per hour. This rate was part of a broader movement during that period to address wage standards and improve living conditions for low-income workers. The minimum wage has since undergone several increases, reflecting changes in the cost of living and inflation.
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 was minimum wage in 1986 in KY?
In 1986, the minimum wage in Kentucky was set at $3.35 per hour, which was the same as the federal minimum wage at that time. This rate was established under the Fair Labor Standards Act. The minimum wage has since increased, reflecting changes in economic conditions and cost of living adjustments.
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.
