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Wages. The U.S. Department of Labor enforces the Fair Labor Standards Act (FLSA), which sets basic minimum wage and overtime pay standards. These standards are enforced by the Department's Wage and Hour Division. Minimum Wage. The federal minimum wage is $7.25 per hour for workers covered by the FLSA. Many states also have minimum wage laws.
The Bureau of Labor Statistics publishes a large amount of information on the wages, earnings, and benefits of workers. Generally, this information is categorized in one or more of the following ways: Geographic area (national regional, state, metropolitan area, or county data);
How are yearly wages calculated?
For the H-1B, H-1B1, and E-3 programs, employers have the option of using one of three wage sources to obtain the prevailing wage: (1) a PWD obtained from the NPWC; (2) a survey conducted by an independent authoritative source; or (3) another legitimate source of wage information.
This is the current-year General Schedule (GS) Pay Scale, effective for 2024. This table shows the base pay amounts for all General Schedule employees based on the 2024 GS Pay Scale, as published by the Office of Personnel Management.
The Wage and Hour Division (WHD) of the United States Department of Labor is the federal office responsible for enforcing federal labor laws. The Division was formed with the enactment of the Fair Labor Standards Act of 1938. [1]
2 lip 2021 · Workers are seeing strong growth in their wages, with an increase of 1.4% in average hourly earnings over the past three months. This is the biggest three-month increase we’ve seen during any pre-pandemic period since 2006.