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Minimum Wage Thursday, February 15th.

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Presentation on theme: "Minimum Wage Thursday, February 15th."— Presentation transcript:

1 Minimum Wage Thursday, February 15th

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3 Minimum Wage ‘Minimum Wage’ is the least amount of money someone can be paid within the confines of the law

4 Living Wage Living wage is the amount of money needed to sustain a quality life Why do you think it varies by state?

5 Minimum Wage by State There is a federal minimum wage of $7.25 per hour – nowhere in the country is it lower Massachusetts has the highest of any state Most states in the south have the lowest

6 Exceptions to Minimum Wage
Those are aren’t employed legally are often taken advantage of The American federal government requires a wage of at least $2.13 per hour be paid to employees that receive at least $30 per month in tips. If wages and tips do not equal the federal minimum wage of $7.25 per hour during any week, the employer is required to increase cash wages to compensate.

7 The Debate There has long been a debate about what the minimum wage should be Many on the left argue that full time employees should not have to live in poverty Many on the right argue that a raise in minimum wage will result in fewer hires and less hours


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