2010 and 2011 Federal Minimum Wage Rates and State Wage Rate Differences

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The Federal minimum wage rate is $7.25 in 2010 and with low inflation will probably only rise fractionally in 2011. Over 35 million working Americans only get paid minimum wage and so this rate impacts and is very closely watched by a large portion of workers.

For example in the retail and dining industry employees only get paid minimum wage and rely on commission and tips respectively to make ends meet. However states may have different wage requirements based on certain legislative activities.

Where Federal and state law have different minimum wage rates, the higher standard applies. Thus the federal minimum wage law supersedes state minimum wage laws where the federal minimum wage is greater than the state minimum wage. In those states where the state minimum wage is greater than the federal minimum wage, the state minimum wage prevails.

The State of Washington has the highest minimum wage at $8.55/hour. The states of Georgia and Wyoming have the lowest minimum wage ($5.15) 2010 and 2011 Federal Minimum Wage Rates

As shown in the graphic, there are 5 states in 2010 than have a minimum state wage set lower than the federal minimum wage. There are 14 states (plus DC) with minimum state wage rates set higher than the federal minimum wage. There are 26 of the states that have a minimum wage requirement that is the same as the federal minimum wage requirement. The remaining 5 states do not have an established minimum wage requirement and conform to federal limits

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I am a personal finance junkie and my blog www.savingtoinvest.com is the main channel through which I share my thoughts/views and hopefully add some value to my readers. I have completed nearly one year of writing on my blog and during that time I have learnt so much, interacted with hundreds of other bloggers and even made a few bucks along the way. It has truly exceeded all my expectations ~ Andy

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