- Which country pays the lowest minimum wage?
- What is the minimum salary in 2020?
- What is the lowest legal salary?
- What is the lowest hourly rate?
- What is the lowest salary you will accept unemployment?
- What state has lowest minimum wage?
- Is $15 an hour a livable wage?
- What would be acceptable compensation for this position?
- What states have a $15 an hour minimum wage?
- Can I sue my employer for not paying me correctly?
- How do you answer what’s the lowest salary you will accept?
- What is an acceptable salary?
- Is minimum wage a price floor?
- Can your employer pay you less than minimum wage?
- What states have $15 minimum wage?
- What is minimum wage in all 50 states?
- Can you live in LA on minimum wage?
- Can I sue my employer for underpaying me?
Which country pays the lowest minimum wage?
“The absolute lowest federal minimum wage is in Sierra Leone, where workers can expect just $0.03/hour.
India is the lowest among larger economies with a $0.28/hour rate..
What is the minimum salary in 2020?
Latest Minimum wages for Shops & Establishment in KarnatakaClass of EmploymentZoneTotal Per DayHighly SkilledZone III588.00Highly SkilledZone IV562.00Highly SkilledZone I643.00Highly SkilledZone II615.0052 more rows•May 2, 2020
What is the lowest legal salary?
The rule increases the salary threshold for employees exempt under the executive, administrative, and professional exemptions (the “white collar exemptions”) from $455 per week (or $23,660 annually) to $684 per week (or $35,568 annually).
What is the lowest hourly rate?
2021 Federal and State Minimum Wage RatesThe minimum wage rate is the lowest hourly pay that can be awarded to workers, also known as a pay floor. … The federal minimum wage in 2020 is $7.25 per hour and has not increased since July 2009.More items…
What is the lowest salary you will accept unemployment?
I think the current federal minimum wage of $7.25 is enough. Working 40 hrs a week on it turns out to be $1160 or $13920 . And 60 hrs a week turns out to be $1740 per month i.e. $20880 per year. Whether its 40 hrs a week or 60 hrs, a person can certainly survive on that.
What state has lowest minimum wage?
GeorgiaThe state currently with the lowest minimum wage requirements as stated in data from the DOL is Georgia. Paying just $5.15 per hour, Georgia has a minimum wage of more than $2.00 below the federal mark of $7.25. The state with the second-lowest wage is Wyoming with a minimum hourly pay rate of $5.17.
Is $15 an hour a livable wage?
But even at $15 an hour, life doesn’t get a whole lot easier. Two adults who work 40 hours a week each and earn $15 an hour make $62,400 before taxes. That’s below what the Economic Policy Institute calculates as a living wage for most of the country.
What would be acceptable compensation for this position?
You can try to skirt the question with a broad answer, such as, “My salary expectations are in line with my experience and qualifications.” Or, “If this is the right job for me, I’m sure we can come to an agreement on salary.” This will show that you’re willing to negotiate. Offer a range.
What states have a $15 an hour minimum wage?
In addition to Florida, the following states have approved $15 an hour minimum wage increases:California.Connecticut.Illinois.Maryland.Massachusetts.New Jersey.New York.Virginia.More items…•
Can I sue my employer for not paying me correctly?
Yes, you can sue for being underpaid. First, you need to submit a claim through WHD (more on this below) and wait for WHD to investigate the claim. They will decide if the claim is valid and submit a legal order for your employer to pay what you are owed. This is a common remedy for wage violations.
How do you answer what’s the lowest salary you will accept?
As you point out, asking you for the lowest salary you would accept is the same as saying “I heard your salary target, but let’s be real — how low would you really go?” If you give a lower figure than your salary target you cannot reasonably expect a job offer for a penny more.
What is an acceptable salary?
A good rule of thumb is to keep the lower end of your range at least 10 percent above your current salary, or the number you determine is a reasonable salary for the position. For example, if you currently earn $50,000, you may say that your range is $55,000 to $65,000.
Is minimum wage a price floor?
An example of a price floor is minimum wage laws, where the government sets out the minimum hourly rate that can be paid for labour. … When the minimum wage is set above the equilibrium market price for unskilled or low-skilled labour, employers hire fewer workers.
Can your employer pay you less than minimum wage?
Employers and employees cannot be paid less than their applicable minimum wage, even if they agree to it.
What states have $15 minimum wage?
Florida joins seven other states in enacting a $15-minimum: California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, and New York. It is the first state to have done so in the South, a region that has long been hostile to labor unions and slow to raise the minimum wage.
What is minimum wage in all 50 states?
Minimum & Tipped Wages by StateStateMinimum WageTipped WageAlabama$7.25$2.13Alaska$10.19$10.19Arizona$12.00$9.00Arkansas$10.00$2.6348 more rows
Can you live in LA on minimum wage?
Originally Answered: Can you live in LA on minimum wage? You can, but the only people who do that don’t speak English and they have so many roommates, they may be hot bunking. If you are over about 22, you shouldn’t be making minimum wage.
Can I sue my employer for underpaying me?
Employers who fail to pay minimum wages, allowances or penalty rates prescribed by the applicable instrument may be sued or even prosecuted to recover the underpaid amounts. … In any case, it is of the utmost importance for both employer and employee to seek good employment legal advice if you’re unsure.