Is it ethical to pay workers a wage that is not sufficient to meet basic needs? What is the economic theory behind minimum wage laws?

Sep 30, 2024 ... Employers must pay their employees the hourly state minimum wage for all hours worked in Florida. The definitions of employer, employee, and ... Effective January 1, 2024 Delaware's minimum hourly wage rate is $13.25. Delaware's minimum hourly wage will increase to $15.00 on January 1, 2025. §664. Minimum wage; overtime rate · 1. Minimum wage. The minimum hourly wage is $7.50 per hour. · 2-B. Service charges. An employer in a banquet or private club ... Dec 13, 2024 ... Nebraska's minimum wage will increase to $13.50 per hour effective January 1, 2025. In accordance with an initiative passed by voters in November of 2022. Minimum Wage ... 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 ... On July 1, 2025, the San Francisco Minimum Wage will increase to $19.18. The "Government Supported Employees" minimum wage rate will increase to $16.97. This ... “Employers” who gross less than $319,000 shall pay their employees no less than the current federal minimum wage rate. “Employees” under the age of 16 shall be ... Dec 27, 2023 ... Beginning January 1, New York's Minimum Wage Will Increase to $16-Per-Hour in New York City, Long Island, and Westchester County and $15-Per ... Dec 31, 2024 ... Minimum Wage Increases to $13.75 per Hour for 2025 ... A minimum wage of $13.75 per hour takes effect on January 1, 2025. On Nov. 5, 2024, ... State Minimum Wage ... Effective 01/01/2025, the State minimum wage is $15.00 per hour. State law requires that the state or federal minimum wage, whichever is ...