2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$15
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$5.25
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$7.25
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None of the above
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Detailed explanation-1: -The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.
Detailed explanation-2: -Employers covered by the FLSA but who are not subject to the Puerto Rico Minimum Wage Act must pay at least the federal minimum wage of $7.25 per hour.
Detailed explanation-3: -Although the federal minimum wage of $7.25 has not budged since 2009, nearly half of the country increased their minimum wages for hourly workers after January 1, 2022 to compensate their employees, and more than twenty will provide additional increases going into 2023.
Detailed explanation-4: -Most media report that the average Indian salary for unskilled work ranges between INR 2250 to a maximum of INR 70, 000 per month, under the Minimum Wages Act. However, the median salary in India comes at around just INR 29, 400 (approx.US$377.82).