Which term describes the lowest legally permissible wage per hour?

Which term describes the lowest legally permissible wage per hour?

• A. Hourly
• B. Minimum Wage
• C. Overtime
• D. Salaried

Answer: (B)

Minimum wage is the term for the lowest legally permissible wage per hour. It’s the base amount employers must pay workers for each hour of work, as set by government at federal, state, or local levels. This wage floor can vary by location and is often higher in some places than others, with employers required to meet the highest applicable minimum wage for covered employees. Other terms describe how pay is handled rather than the legal minimum: hourly refers to pay by the hour, overtime is extra pay for hours beyond the standard workweek, and salaried means a fixed compensation not tied to hours worked.

Minimum wage is the term for the lowest legally permissible wage per hour. It’s the base amount employers must pay workers for each hour of work, as set by government at federal, state, or local levels. This wage floor can vary by location and is often higher in some places than others, with employers required to meet the highest applicable minimum wage for covered employees. Other terms describe how pay is handled rather than the legal minimum: hourly refers to pay by the hour, overtime is extra pay for hours beyond the standard workweek, and salaried means a fixed compensation not tied to hours worked.