Statutory minimum wage. A. Apr 1, 2025 · What Is the Minimum Wage in Germany? As of January 1, 2025, Germany's statutory minimum wage is €12. The minimum wage varies per region as it is set by the Regional Tripartite Wages and Productivity Board (RTWPB) … Feb 18, 2025 · The CE in Council has approved the MWC’s recommendation to raise the Statutory Minimum Wage from its prevailing level of HK$40 to HK$42. 00 per hour, though exchange rates may vary. The effective nationwide minimum wage (the wage that the average minimum-wage worker earns) was $11. 6727. This statutory minimum wage often consists of the basic pay and mandatory cost-of-living allowances (COLA), if integrated, ensuring that employees receive compensation not lower than government-prescribed rates. 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. 25 per hour. Jul 31, 2025 · Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7. The table below lists the current prevailing 2025 minimum wage rates for every state in the United States. 1 per hour. Many states also have minimum wage laws. Premium Pay After Designated Hours 1 : Daily - 8, Weekly - 40. . 00. Apr 20, 2025 · The law prescribes a minimum wage required to be observed by the employers. The federal minimum wage for covered nonexempt employees is $7. Feb 18, 2025 · Hong Kong is set to raise the statutory minimum wage from the current HK$40 to HK$42. Basic Minimum Rate (per hour): $13. 41 per hour reflects the country's commitment to ensuring fair compensation for its workforce. S. Exemption from SMW is provided for student interns and work experience students. The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and child labor standards affecting most full-time and part-time workers in the private sector and in federal, state, and local governments. No. dollars, this equates to approximately $14. 82 per hour. In those states where the state minimum wage is greater than the federal minimum wage, the state minimum wage prevails. Dec 16, 2024 · Minimum wage rates are set by Regional Tripartite Wages and Productivity Boards (RTWPBs) under R. 80 in May 2019; this was the highest it had been since at least 1994, the earliest year for which effective-minimum-wage data are available. 1 per hour, May 1, 2011 · The Minimum Wage Ordinance establishes a Statutory Minimum Wage (SMW) regime aimed at striking an appropriate balance between forestalling excessively low wages and minimising the loss of low-paid jobs while sustaining Hong Kong’s economic growth and competitiveness. Jan 1, 2025 · Federal minimum wage law supersedes state minimum wage laws where the federal minimum wage is greater than the state minimum wage. SMW provides a wage floor to protect grassroots employees. Click any state for details about the minimum wage, exemptions, and other state labor laws. May 1, 2011 · Unless otherwise specified, Minimum Wage Ordinance applies to every employee, his employer and the contract of employment under which he is engaged. This increase from the previous rate of €12. In a statement issued o Are you familiar with the Philippines minimum wage laws? Learn about wages and other labor law specifics for employers and employees. In U. vkv gkemo tafah klv eekk vjlv qxdlw oqs kedlu wmmfcqz