BNET Business Dictionary
Business Definition for: Minimum Wage
- an hourly rate of pay, usually set by government, to which all employees are legally entitled
Wiktionary Definition for: Minimum Wage
- The lowest rate of pay that an employer can legally pay an employee
Additional Resources
- Understanding the Minimum Wage
- Every U.S. business must comply with the minimum wage laws of the Federal Fair Labor Standards Act FLSA. This article shows the current national minimum hourly wage, explains whom it applies to, and lists the exceptions. It also describes which elements of workers' pay are included in the minimum wage...
- Articles 2007-09-28
- Government Boosts Minimum Wage to $7.25 Per Hour? Outrageous!
- Perhaps my many awful jobs during high school and college give me a bias, but I've never understood how anyone could object to raising the minimum wage. Every couple of years, the state and federal forces insist that employers give five million or so janitors, fry cooks and housekeepers a...
- Blog posts 2009-07-20
- The stakes of raising the federal minimum wage: with the 110th Congress poised to increase the federal minimum wage, the apartment industry readies itself for the possible positive--and negative--repercussions.
- A priority for congressional Democrats, who recently earned majorities in both houses of Congress, is to pass legislation that would raise the federal minimum wage. The federal minimum wage, which is currently set at $5.15 per hour, has not been incr A priority for congressional Democrats,...
- Research articles 2007-03-01
- Minimum Wage
- The article is on the Minimum wage law in the United States. This law can be characterized as being a combination of state and federal law. Eleven states and jurisdictions have minimum wages that are set higher than the federal minimum wage (Alaska, California, Connecticut, Delaware, the District of Columbia,...
- White papers 2003-01-01
- Senate rejects minimum-wage increase.(INDUSTRY NEWS)(Brief Article)
- On March 7, the U.S. Senate voted down two amendments that would have increased the federal minimum wage as part of the bankruptcy overhaul bill (S. 256). Congress has not raised the minimum wage since 1996. On March 7, the U.S. Senate voted down...
- Research articles 2005-04-01
- WakeUpWalMart.com: Wal-Mart Flip-Flops on Minimum Wage; Wal- Mart's Campaign of Lies and Deception Continues
- WASHINGTON, June 28 /U.S. Newswire/ -- Despite multiple headlines in October 2005 which read "Wal-Mart Urges Congress to Raise the Minimum Wage," Wal-Mart announced today it does not support raising the minimum wage to $7.25 an hour, according tWASHINGTON, June 28 /U.S. Newswire/ -- Despite multiple headlines in October 2005...
- Research articles 2006-06-28
- National Urban League Applauds Introduction of the Fair Minimum Wage Act of 2005 and Calls Upon Congress to Enact It Immediately
- NEW YORK, May 18 /U.S. Newswire/ -- As a longstanding supporter of raising the minimum wage, the National Urban League is pleased to endorse the Fair Minimum Wage Act of 2005, introduced in the Senate by Senator Edward Kennedy MA and in the House by GeoNEW YORK, May 18 /U.S....
- Research articles 2005-05-18
- ACTW to Congress: set still higher minimum wage. (Amalgamated Clothing and Textile Workers Union)
- ACTW to Congress: Set Still Higher Minimum Wage WASHINGTON--Jack Sheinkman, president of the Amalgamated Clothing and Textile Workers Union, called for minimum wage improvements Thursday which go beyond those being considered in Congress. Testifying before the Senate Labor and Human...
- Research articles 1987-07-24
- Gators persuade contractors to offer employees higher minimum-wage rate
- Gainsville, Fla. -- The University of Florida here reportedly has persuaded its foodservice contractor, Philadelphia-based Aramark Corp., as well as other vendors at the school to pay their full-time workers $8.84 an hour, a wage proportionate with the college's own minimum pay. The university instituted its own minimum wage...
- Research articles 2006-11-20
- Letter to Congressional Leaders on Minimum Wage Legislation
- November 4, 1999 Dear ___: I am writing this letter to encourage you to pass a straightforward minimum wage bill that gives working Americans the pay raise they deserve. If we value work and family, we should raise the value of the minimum wage. In 1996, the...
- Research articles 1999-11-08
- How Much Would Increasing the Minimum Wage Affect Food Prices?
- The most frequently asked question is whether increasing the minimum wage increase food prices as well. This study shows that a simulated $0.50 increase in the minimum wage, if entirely passed on to consumers, would have increased food prices by less than 1 percent for most of the foods at...
- White papers 2000-05-01
- [ KANSAS MINIMUM WAGE ]
- KANSAS MINIMUM WAGE $2.65: Any employer not covered by the Fair Labor Standards Act is exempt from having to pay the federal minimum wage of $5.15 an hour. Businesses not engaged in interstate commerce or having annual sales of less than $500,000 can pay their workers less than...
- Research articles 2003-07-13
- Editorial | Pa. Minimum Wage Increase
- The Pennsylvania House and Senate are not far apart on proposals to increase the state's minimum wage. Lawmakers should send this needed legislation to Gov. Rendell before the end of this week. By using the federal minimum wage of $5.15 per hour as its minimum, Pennsylvania has lagged behind...
- Research articles 2006-06-28
- Congress considers raising federal minimum wage
- Speaker of the House Nancy Pelosi and fellow Democrats proposed raising the federal minimum wage from $5.15 to $7.25 per hour as one of its first priorities in 2007. The Senate instead proposed adding new tax breaks for small businesses in order to attract votes for the wage hike from...
- Research articles 2007-03-01
- The minimum-wage bill - congressional bill to be signed by Pres Clinton will increase minimum wage by 90 cents and provide $10 billion in tax relief for businesses over ten years - Brief Article
- The minimum-wage bill that was approved by Congress and that President Clinton said he would sign would increase the wage floor by 90 cents an hour, but it also would provide business with about $10 billion in tax relief over 10 years.A separate tax-related bill, enacted just before Congress adjourned...
- Research articles 1996-09-01
- Washington's Minimum Wage to Hit $7.16 an Hour, Highest in U.S.
- By Shirleen Holt, The Seattle Times Knight Ridder/Tribune Business News Oct. 1--Washington's minimum wage will rise by 15 cents an hour in January, becoming the highest in the nation. The increase from the current $7.01 to $7.16 an hour surpasses ...
- Research articles 2003-10-01
- Minimum wage prospects murky - minimum wage bill takes back burner as government focuses on national defense due to World Trade Center and Pentagon attacks - Brief Article
- WASHINGTON D.C. -- Add to the uncertainty resulting from the Sept. 11 terrorist attacks the size and timing of an expected minimum wage increase. "If the terrorist attacks had not happened, I would have said to plan on at least a $1.00 an hour increase by the end of 2002....
- Research articles 2001-10-01
- Experts Available To Discuss Minimum Wage Plans Defeated in Senate
- TOPIC: Two minimum wage plans, one from Democrats and one from Republicans, did not receive approval in the Senate, according to an article by The Associated Press. Democrats proposed a plan to raise the current hourly minimum wage of $5.15 to $7.25 over the next 26 months, while the Republican...
- Research articles 2005-03-08
- Minimum wage hike set; Labor clout gets GOP on board; work comp benefit may also be raised.(NY organized labor fights to improve minimum wage and workers' comp benefits)(Government Activity)(Brief Article)(Statistical Data Included)
- State lawmakers appear poised to approve an increase in the minimum wage this week-the last scheduled week of the legislative session-and possibly a much-sought increase in workers' compensation benefits as well. Negotiations on both issues contin State lawmakers appear poised to approve an...
- Research articles 2002-06-17
- Barely minimum.(Congress argues over President Clinton's proposed increase of the minimum wage, even though it would still leave some workers below the poverty level)(Brief Article)
- It's hardly the best of times for working people when Congress prepares to brawl over legislation raising the minimum wage to level that would still leave a full-time worker supporting a family of three under the poverty line. President Clinton's proposal, scheduled to be taken up...
- Research articles 1998-04-06
