Minimum Wage With a few exceptions, most employees are entitled to be paid at least $7.25 under the Fair Labor Standards Act (FLSA). Depending on the state and city that you live in, you may be entitle to a higher minimum wage. Many states also have minimum wage laws that may differ from the federal minimum wage. 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. For example- New York $15.00 hour-After December 31, 2019, all employees in New York City must be … Continue reading How to calculate Minimum Wage