Federal Minimum Wage Update

Minimum Wage Rate Definition  This is basic economics. The minimum wage rate means the least amount of pay which someone can get for their services. This is also publicly known as their pay floor. The FLSA or Fair Labor Standards Act determines the minimum wage rate, which public sectors and private sectors would use. For …

Changes Announced for the U.S. Minimum Wage

The entire nation fought and pushed for a fifteen dollars minimum wage which notched a serious win through our brand new president’s victory. It is not clear if his administration would pass brand new federal minimum wages.  On a local level, half of the United States would raise their minimum wage in the year 2021.  …