$15 Dollar Minimum Wage Indiana. With these changes, nearly half (48. Feb 24, 2021 · The debate over
With these changes, nearly half (48. Feb 24, 2021 · The debate over raising the minimum wage to $15 per hour is gaining steam, as lawmakers on both sides of the aisle weigh the benefits and consequences. Summary Minimum wage. 25 per hour. J. Feb 18, 2023 · The minimum wage in Indiana is currently $7. 25 per hour and has… The effective nationwide minimum wage (the wage that the average minimum-wage worker earns) was $11. States with their own hourly wage requirements may exceed this rate, but employers specifically covered by the Fair Labor Standards Act (FLSA) must adhere to the federal minimum wage. 78 an hour, or $32,822 a year before taxes in order to make a livable wage. When you can’t get a toe hold on even the lowest economic rung, you have no chance for upward mobility, and you’re denied the dignity of meaningful work and some measure of independence. Here's where. 38, or $29,905 annually, to cover their basic needs. Minimum wage in Indiana is still $7. 80 in May 2019; this was the highest it had been since at least 1994, the earliest year for which effective-minimum-wage data are available. 25 an hour beginning April 1, 1991. This report finds that the raise is long overdue and would deliver broad benefits to workers and the economy. 3 Oregon Minimum Wage Note: Listed rate is the standard state wage of $14. Jan 25, 2024 · Then how did we begin using an uppercase S with one or two lines through it ($) to represent the U. The following chart shows the current minimum wage for non-tipped and tipped employees and the next scheduled increase (if any) for each state, the District of Columbia, various U. Dec 31, 2025 · What is the federal minimum wage? The current federal minimum wage is $7. Many workers struggle to meet the living wage in Indiana. 00 on January 1, 2025. The author divided $15 by (91. 25 to $14 and finally $15. 15 per hour. The $ (dollar sign) symbol is used to represent various forms of currency around the world, notably the United States dollar. Updated January 1, 2026 Jan 13, 2021 · With Senator Melton’s proposed legislation Indiana’s minimum wage will go up to $10 and for each following year, a dollar would be added until the minimum wage reaches $15. Special rules apply to tipped employees, youth, and students. 38 Living Wage, Family of 4: $18. Dec 19, 2025 · More than 20 states will have minimum wage increases that take effect in 2026, most on January 1st. Will Indiana increase its minimum wage this year? Most states increase their minimum wage based on calculations made through the consumer price index. Dec 20, 2024 · The dollar sign, or “$,” is one of the most recognizable currency symbols in the world, instantly understood across languages and cultures. 75 in 2024. Andrew Butters is an associate professor at the Indiana University Kelley School of Business. According to the living wage calculator, the average single Hoosier needs to make at least $15. 25 an hour to $10 an hour. The Indiana Department of Labor may be contacted by telephone at (317) 232-2655. Nov 3, 2025 · For example, if your state minimum wage is $14 and the local minimum wage is $15, you must generally pay the employee at least $15 per hour, since it's higher than the state and federal minimum wage rates. A comprehensive college textbook covering business principles, from economics and global markets to management and marketing, designed for students. Individuals require $14. , $10. 4/116. The minimum wage, the lowest hourly amount that an employee may be paid for their labor, is determined by both state and Federal labor laws in the United States. 50 the prior year. In the autumn of 1348, the Black Plague reached England and decimated the population. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages. Under the Federal Fair Labor Standards Act, states and localities are permitted to set their own minimum wage rates, which will take precedence over the Federal minimum wage rate if they are higher. [12] Jan 1, 2026 · Employees who are eligible for company benefits: $10. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7. 35 an hour) for employees under the age of twenty, a provision that expired in 1993. 00 per hour for workers 18 years of age and older. Indianapolis has a higher wage of $13. [16] The severe shortage of Nov 19, 2025 · A statewide effort to raise Maryland’s minimum wage to $25 an hour is gaining new traction—setting up what could become one of the most significant wage debates Jul 26, 2016 · For example, Indiana had an RPP of 91. Jan 2, 2026 · View each state's 2026 minimum wage rate in a user-friendly table and learn how federal law could shape future rates. The federal minimum wage for covered nonexempt employees is $7. Learn why we use this symbol and how it evolved over time. 8. 20 per hour. 1%) of the U. Jan 1, 2026 · 1 Like the federal wage and hour law, State law often exempts particular occupations or industries from the minimum labor standard generally applied to covered employment. 55 an hour in 2009. Explore the map to see how these rapidly changing laws differ across the country. General minimum wage by territory, as of February 2023 This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc. In households with two working adults, all hourly Jan 1, 2026 · Georgia Applicable to employers of 6 or more employees Basic Minimum Rate (per hour): $5. 00) or less. Oct 19, 2024 · The federal minimum wage hasn’t changed since 2009 but voters in several states will have the chance to raise hourly wages at the state level. It also transcends currency, having become a widespread symbol in pop culture. Increases the minimum wage paid to certain employees in Indiana as follows: (1) After June 30, 2022, from $7. Twenty states – including Indiana and Pennsylvania – still adhere to it. Jan 1, 2026 · 14 Wyoming. Mar 9, 2021 · Summary The Raise the Wage Act of 2021 would help eliminate poverty-level wages by raising the national minimum wage to $15 per hour by 2025. The minimum wage in the Portland Metro Area is $15. We developed the Living Wage Calculator to help individuals, communities, employers, and others estimate the local wage rate that a full-time worker requires to cover the costs of their family’s basic needs Stay informed about the state minimum wages in the U. Some countries may have a very complicated minimum wage system; for Dec 26, 2024 · The minimum wage in Illinois will increase to $15 an hour on Jan. Discover the true origin of the dollar sign ($)—from Spanish pesos to U. New Jersey’s minimum wage rose to $14. 25 since 2009. 94 an hour, or $78,800 a year. Many states also have minimum wage laws. dollar sign? Read on to learn the full history of how the dollar sign came to be the iconic symbol of money we know today. Nov 16, 2023 · An MIT calculator shows the average living wage for an adult Hoosier with no children is more than $15 an hour. The Wyoming minimum wage is $5. He said employers may oppose increases in minimum wage as this would mean they have to decide how to pass on extra labor costs. 8) to estimate a relative minimum wage of $18. The dollar sign, also known as the peso sign, is a currency symbol consisting of a capital S crossed with one or two vertical strokes ($ or depending on typeface), used to indicate the unit of various currencies around the world, including most currencies denominated "dollar" or "peso". Jan 8, 2026 · The meaning of DOLLAR SIGN is a mark $ placed before a number to indicate that it stands for dollars —called also dollar mark. Rates listed in red were enacted by city or county Jul 6, 2025 · Indiana’s minimum wage remains $7. 45 per hour and the minimum wage in Nonurban counties is $13. May 9, 2025 · The dollar symbol ($), also known as the dollar sign, represents a unit of currency, most commonly associated with the United States Dollar (USD). Pritzker signed in February of 2019. 25. dollar sign, $, symbol that represents the dollar, the name of the standard monetary unit used in the United States, Canada, Australia, New Zealand, and a number of other countries and territories. In the absence of action at the national level, many states and localities have raised their own minimum wages. 95 billion in additional wages from state minimum wage increases. House of Representatives voted Thursday to increase the country’s federal minimum wage to $15 an hour by 2025, with mixed reaction from lawmakers from Indiana. 1 Feb 10, 2025 · Living Wage Calculation for Indiana The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. 94 Minimum Wage: no state minimum wage; $7. Modern minimum wage laws trace their origin to the Ordinance of Labourers (1349), which was a decree by King Edward III that set a maximum wage for laborers in medieval England. Struggling to keep up with minimum wage changes across multiple locations? Discover how GovDocs Minimum Wage can simplify compliance at the state, county, and city levels. An employer where gratuities are paid to employee, may pay 60% of the minimum wage to its employees. 50 (in 2019 dollars), reached in the late 1960s, and equal about 80 percent of the median wage in the lowest-wage states. 50 last year, while the rest of the state had an increase to $16 per hour from $15. 23 states have raised their minimum wage for 2023. Some states also set subminimum rates for minors and/or students or exempt them from coverage, or have a training wage for new hires. (2) After June 30, 2023, from $10 an hour to $13 an hour. 25 per hour and the Indiana state minimum wage is $7. 25, which is the federal minimum. In total, workers will receive $6. The dollar sign, also known as the peso sign, is a currency symbol consisting of a capital S crossed with one or two vertical strokes ($ or depending on typeface), used to indicate the unit of various currencies around the world, including most currencies denominated "dollar" or "peso". Dec 9, 2024 · In addition, four more states will likely reach the $15 mark by 2027 because of automatic annual inflation adjustments built into their minimum wage laws. 4 in 2014 while Hawaii’s was 116. currency. 25 an hour. 15 The State law excludes from coverage any employment that is subject to the federal Fair Labor Standards Act when the federal rate is greater than the State rate. In states that do not set a minimum The Indiana Department of Labor administers the minimum wage and overtime provisions of the Indiana Minimum Wage Law. These impressive numbers suggest that a $15 federal minimum wage would con-stitute a bold policy innovation. Jan 1, 2002 · The Economic Policy Institute Minimum Wage Tracker The federal minimum wage has not been raised since 2009. The current federal minimum wage is $7. The law states that whichever is the higher applies to employers in that state. 80 an hour beginning April 1, 1990, and to $4. 15 Michigan. currency value, e. Changes in Basic Minimum Wages in Non-Farm Employment Under State Law: Selected Years 1968 to 2024 Jan 7, 2023 · This is the fifth increase to the minimum wage since Governor JB Pritzker signed legislation in 2019 that puts Illinois on the path to a $ 15-an-hour minimum wage by 2025. Illinois’ minimum wage is rising from $14 per hour to $15 on Jan 1, the final increase in a series of annual increases from a law Gov. 00 for ten dollars. Rates listed in black were enacted by federal, state, district, territory, or commonwealth law. Apr 24, 2025 · Why is the sign for the dollar, a word with no S's, so clearly based on the letter S? Here's the story behind it—and why it wasn't always a "dollar" sign. Dec 28, 2024 · Illinois employers are bracing for minimum-wage hikes, which may lead to more job cuts around the state. (3) After June 30, 2024, from $13 an hour to $15 an hour. territories / commonwealths and numerous local jurisdictions. The government in California is increasing minimum wage to $15 dollars and hour, will this cause a surplus or a shortage of workers (labor)? Make sure to include the appropriate Graph and who the potential winners and losers are, as well as provide alternative solutions. The federal minimum wage is $7. Dec 21, 2023 · On January 1, 22 states will increase their minimum wages, raising pay for an estimated 9. See the comprehensive list here. Conclusion Dec 31, 2025 · What is the federal minimum wage? The current federal minimum wage is $7. Dec 27, 2023 · The federal minimum wage has been stuck at $7. 00, rising to $13. History of Federal Minimum Wage Rates Under the Fair Labor Standards Act, 1938 - 2009 The table of federal minimum wage rates under the Fair Labor Standards Act, 1938 - 2009 is also available in a PDF Version . 25 for federally protected positions Tennessee has the nation’s lowest livable wage for a family of four, at $18. 9 million workers. g. * Based on information gathered from the Department of Labor. workforce will live somewhere with a minimum wage at or above $15 an hour by 2027. GovDocs followers should keep an eye out for the upcoming Minimum Wage Rate Guide, which will have rates for large employers in counties and cities. 17 per hour in Indiana. Indiana’s minimum wage is $7. Apr 21, 2025 · While minimum wage in Indiana hasn't changed in almost 16 years, many states are seeing minimum wage increases this year. The wage has remained unchanged since it was raised from $6. 25 per hour in 2025, the same as the federal rate since 2009. On Tuesday Wondering how much to pay employees in Indiana? Read our guide to learn about Indiana minimum wage laws, rules for tipped employees, overtime pay and more. Beginning January 1, 2023 - Guarantees a minimum wage of $13. Sep 7, 2025 · A dollar sign ($) is the symbol found on the same key as the number four (4) key on United States QWERTY keyboard. 00 on January 1, 2023, and will raise to $15. Tennessee Living Wage, Individual: $14. [14][15] Edward, who was a wealthy landowner, was dependent, like his lords, on serfs to work the land. The amendments also established a training wage provision (at 85% of the minimum wage, but not less than $3. Illinois and Delaware will reach the $15. The minimum direct cash wage for tipped employees in Michigan is scheduled to increase annually until it reaches 50 percent of the state minimum wage in 2031. The dollar symbol is derived from the Spanish peso currency sign (Ps), which was used in the Spanish-American colonies. B. Additionally, some local governments set minimum wage rates higher than their respective The minimum wage was raised to $3. What legislation established the federal minimum wage? INDIANAPOLIS (WISH) — Some Indiana Democrats want to raise the state’s minimum wage, which hasn’t happened in more than a decade. S. Jan 18, 2021 · The plan would boost Indiana’s minimum wage to $10 an hour beginning in 2022 then by an additional $1 an hour each year until it reaches $15 in 2027. 00 minimum wage on January 1, 2025, as well. In mathematics, it is also used in TeX to denote the beginning and end of mathematical mode. It would exceed the previous peak minimum wage— which was about $11. 1, completing a six-year transition period since the increase was approved in 2019. Jul 19, 2019 · The U. Here's your complete guide to the 2025 minimum wage rates by state. Maryland will follow a similar trajectory from $13. As you might have guessed from the above examples, by Indiana law, small claims filed on or after July 1, 2021 are currently limited to cases where the amount sought to be recovered is Ten Thousand dollars ($10,000. The dollar sign represents a U. . The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. 00 on January 1, 2024. ) and other independent countries. 2026 SOCIAL SECURITY CHANGES Cost-of-Living Adjustment (COLA): Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2024 through … A minimum wage locks people, who aren’t worth that wage, completely out of the workforce. In addition, 38 cities and counties will increase their minimum wages on January 1 above their state’s wage floors, adding to the… Today, families and individuals working in low-wage jobs make too little income to meet minimum standards of living in their community. Employers may apply for licenses to pay sub-minimum rates to learners and certain workers with physical and mental limitations 4 days ago · The minimum wage rose to $17 per hour in New York City, Westchester, and Long Island from $16. Employers must pay employees covered by the federal Fair Labor Standards Act at least the federal minimum wage. 25 an hour, or $15,080 a year before taxes.