What does the term “minimum wages” mean?

Minimum wage is the lowest amount per hour you must pay an employee in the United States based on Federal Employment Law. Currently, the approved Federal amount is $7.25 per hour. Some states like New York, Vermont, Massachusetts, and California, for example, have a higher minimum wage. U.S. Department of Labor states, “Where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher rate.”

For instance, head on over to our blog post about the minimum wage to find out your minimum wage rate for your state and municipality.