MANAGEMENT

BUISENESS MANAGEMENT

EMPLOYMENT ISSUES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is minimum wage and what is the current federal minimum wage?
A
The lowest wage that can be paid by law to most workers; $7.25
B
The most you can get paid; $7.55
C
a minimum guaranteed contract reserved for target groups; $7.50
D
the least you can get paid; $8.00
Explanation: 

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: -The federal minimum wage has remained $7.25 since 2009.

Detailed explanation-3: -As of January 1, 2023, the District of Columbia had the highest minimum wage in the U.S., at 16.50 U.S. dollars per hour. This was followed by Washington, which had 15.74 U.S. dollars per hour as the state minimum wage.

Detailed explanation-4: -Two states, Georgia and Wyoming, have a minimum wage of $5.15 for employers exempt from the Fair Labor Standards Act, according to the Department of Labor. Most companies, though, use the federal minimum wage of $7.25.

There is 1 question to complete.