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.
The DOL's 2024 final rule increased this minimum salary threshold for EAP exempt employees from $684 per week to $844 per week (equivalent to $43,888 per year) on July 1 and mandated a second increase to $1,128 per week (equivalent to $58,656 per year) to take place January 1, 2025.
Employment as an employee for a specified weekly wage or monthly salary, normally on terms and conditions determined by the employer, whose offer may be constrained by employment law, collective-bargaining agreements, or pressure from trade unions.
Effective July 1, 2024, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase to $58,656 on Jan. 1, 2025. The July 1 increase updates the present annual salary threshold of $35,568 based on the methodology used by the prior administration in the 2019 overtime rule update.
Examples of wage theft include paying less than minimum wage, not paying workers overtime, not allowing workers to take meal and rest breaks, requiring off the clock work, or taking workers' tips.
State Minimum Wages StateMinimum Wage Indiana $7.25 Iowa $7.25 Kansas $7.25 Kentucky $7.2552 more rows •
Which state has the lowest minimum wage? Georgia and Wyoming's hourly minimum wage are tied at $5.15. However, employers covered by the FLSA must adhere to the federal requirement of $7.25.
The Indiana minimum wage is $7.25 an hour, the same as the federal minimum wage. Employers that have two or more employees must follow this minimum wage. The Indiana minimum wage was last changed in 2009, when it was raised by $0.70.
What is the minimum wage in California? Effective January 1, 2025, the minimum wage is $16.50 per hour for all employers, not otherwise covered by a higher minimum wage specific to an industry or a locality.
Currently, 10 states have a minimum wage of $15 or higher: California, Connecticut, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Rhode Island and Washington. Alaska, Florida, Hawaii, Missouri and Nebraska are on track to reach the $15 benchmark in the coming years.