Thursday, July 24, 2008

Minimum Wage Increase

Effective today, July 24, 2008, the federal minimum wage for covered nonexempt employees is $6.55. The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA).

Many states have minimum wage laws. In cases where an employee is subject to both state and federal minimum wages laws, the employee is entitled to the higher of the two minimum wages.

1 comment:

Vinod Sharma said...

Still the minimum wage is very low. The people who are making min wage will get benefits by further increase specially the students.