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Subjects>Law & Government>Law & Legal Issues

Who sets the minimum wage?

Anonymous

∙ 15y ago

Updated: 12/15/2022

Government, via legislation.

Wiki User

∙ 15y ago

What else can I help you with?

Related Questions

When the government sets a price floor on earnings it is called what?

Minimum wage.

What is it called when the government sets a price on earnings?

Minimum wage.

Which act sets the minimum wage and what is the current wage rate?

The Fair Labor Standards Act (FLSA) sets the federal minimum wage in the United States. As of October 2023, the federal minimum wage is $7.25 per hour, a rate that has been in effect since July 2009. However, many states and localities have established their own higher minimum wage rates.

What branch of the department of labor sets standards of minimum wage overtime and breaks and meal periods?

Wage and Hour Division

What branches of the Department of Labor sets standards of minimum wage overtime pay and breaks and meal periods?

Wage and Hour Division

What branch of the Department of Labor sets standards of minimum wage overtime pay and breaks and meal periods?

Wage and Hour Division

Child support minimum wage?

Even if you make minimum wage, you will be expected to pay child support. The court sets the order based on your income and on certain allowable living expenses you may have.

Is minimum wage a price floor?

A minimum wage could be considered a price floor because it sets a wage floor on the price of labour. Since labour is an important factor of production, and price reflects the cost of production, then higher wages correspond to higher prices if there are no productivity gains.

How much is minimum wage for 2009?

The current state minimum wage of Kentucky is $6.55 and will increase to $7.25 on July 1, 2009.

What is the minimum wage in Kansas?

The minimum wage is $7.25, the same as federal minimum wage.

Did they have a minimum wage in the 1800s?

there was no minimum wage then:)

Minimum wage in the 1920s?

what was the minimum wage in the 1920

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