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  3. Minimum wage in the United States - Wikipedia

    en.wikipedia.org/wiki/Minimum_wage_in_the_United...

    Legislation has been enacted recently in multiple states that significantly raises the minimum wage. California, Illinois, and Massachusetts are all set to raise their minimum wages to $15.00 per hour by January 1, 2023, for California and Massachusetts and by 2025 for Illinois.

  4. United States labor law - Wikipedia

    en.wikipedia.org/wiki/United_States_labor_law

    United States labor law sets the rights and duties for employees, labor unions, and employers in the US. Labor law's basic aim is to remedy the "inequality of bargaining power" between employees and employers, especially employers "organized in the corporate or other forms of ownership association". [1] Over the 20th century, federal law ...

  5. Fair Labor Standards Act of 1938 - Wikipedia

    en.wikipedia.org/wiki/Fair_Labor_Standards_Act...

    The Fair Labor Standards Act of 1938 29 U.S.C. § 203 (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week.

  6. Payroll tax - Wikipedia

    en.wikipedia.org/wiki/Payroll_tax

    Payroll taxes are taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their employees. By law, some payroll taxes are the responsibility of the employee and others fall on the employer, but almost all economists agree that the true economic incidence of a payroll tax is ...

  7. Prevailing wage - Wikipedia

    en.wikipedia.org/wiki/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.

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  8. Minimum wage - Wikipedia

    en.wikipedia.org/wiki/Minimum_wage

    In the United States, the minimum wage is set by U.S. labor law and a range of state and local laws. The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but later found to be unconstitutional.

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