The HR Dictionary

Minimum Wage

Minimal wages Is described as ‘the minimum quantity of remuneration that a company is required to pay employees for the work done in the course of a given duration, which can not be decreased through collective settlement or an individual contract.’ Presently, 30 states and Washington D.C. have minimal wages above the federal minimum salary of $7.25 per hour. In addition, five states no longer follow the minimum wage: Alabama, Louisiana, Mississippi, South Carolina, and Tennessee while two states, Georgia and Wyoming, have a minimum wage under $7.25 per hour.