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An hourly worker or hourly employee is an employee paid an hourly wage for their services, as opposed to a fixed salary. Hourly workers may often be found in service and manufacturing occupations, but are common across a variety of fields.
Employers have to pay workers the highest minimum wage of those prescribed by federal, state, and local laws. In August 2022, 30 states and the District of Columbia had minimum wages higher than the federal minimum. [10] In January 2020, almost 90% of Americans earning just minimum wage got more than $7.25 an hour. [11] The effective nationwide minimum wage (the wage that the average minimum ...
The wage is the monetary measure corresponding to the standard units of working time (or to a standard amount of accomplished work, defined as a piece rate ). The earliest such unit of time, still frequently used, is the day of work. The invention of clocks coincided with the elaborating of subdivisions of time for work, of which the hour became the most common, underlying the concept of an ...
If you are paid hourly and work more than 40 hours in a week, your employer should pay you overtime pay. This can vary, but most employers pay time and a half for extra hours.
See minimum wage in the United States for much more info, including detailed state-by-state and city-by-city breakdown of the facts and numbers, and more info on US territories. Some of the sources list many more exceptions to the main rate in each state (both lower or higher than the statewide rate). [5] The main source for the 2024 info is the U.S. Department of Labor. [1]
The second table contains a list of U.S. states and territories by annual mean wage. Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of ...
Nominal wages. Adjusted for inflation wages. Employer compensation in the United States refers to the cash compensation and benefits that an employee receives in exchange for the service they perform for their employer. Approximately 93% of the working population in the United States are employees earning a salary or wage.
Prevailing wage. In United States government contracting, a prevailing wage is defined as the hourly wage, usual benefits and overtime, paid to the majority of workers, laborers, and mechanics within a particular area. This is usually the union wage. [1] : 1. Prevailing wages are established by regulatory agencies for each trade and occupation ...
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