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Minimum wage
Minimum wage is the lowest hourly rate that an employee may be paid. It is set forth by the Fair Labor Standards Act (FLSA). The federal minimum wage may differ from state- and location-specific minimum wage, but an employer must comply with the higher of the numbers. For example, the current federal minimum wage is $7.25 per hour, while Washington, D.C. has the highest wage at $15 per hour (as of 7/2020). Employers in Washington, D.C. would need to comply with the $15 wage to meet local standards.
Some exemptions apply. Employees in certain industries are not required to be paid at the state or minimum federal rate. Examples include:
- Farm and agricultural workers
- Babysitters (casual)
- Full-time students
- Commissioned sales workers
- Recreational establishment workers
- Seasonal workers
- Disabled workers
- Newspaper employees for certain publications (including delivery people)
- Companions for the elderly
- Sea workers on non-American ships/vessels
- Switchboard operators
Tipped workers may also be able to earn a lower hourly wage, as long as the amount plus tips equals at least the federal or state minimum wage, the employee keeps all their tips, or they regularly make $30+ in tips monthly.
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Non-Disclosure Agreement
A non-disclosure agreement (or NDA) is a contract between a group or individual wanting to protect sensitive information and an individual or group with access to that information. Other terms include non-disclosure contract and confidential disclosure agreement. The document restricts what information can be shared with others. Examples of sensitive information that might be protected…
Non-Compete Agreement
A non-compete agreement is between an employer and an employee, requiring the latter to agree not to work for any competing organization during or after employment. Prohibited actions under such an agreement could include: Starting a new business in the same industry Taking another job Signing another contractor Working for a competing business Working within…
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