Us Federal Minimum Wage 2024 Bill. In cases where an employee is subject to both the. Federal and state minimum wage rates, annual.
The minimum wage for workers performing work on covered federal contracts is currently $10.95 per hour and tipped minimum wage is $7.65 per hour. 1, 2025, the rule’s new methodology takes effect, resulting in the additional increase.
Mr idris, at a news conference in abuja, said the demand, if effected, would amount to a n9.5 trillion bill for the federal government.
Starting january 1, 2024, certain federal contractor workers covered by executive order (eo) 14026 will experience an hourly minimum wage increase to $17.20.
The bill’s titles are written by its sponsor.
The federal government has said that the sum of n494,000 national minimum wage being demanded by organised labour, which cumulatively amounts to the sum of.
