Nert Simone

Minimum Wage Washington 2024 Impact Factor. The federal minimum wage, established under the fair labor standards act (flsa), sets the nationwide standard for the minimum hourly wage. For large employers (more than 500 employees worldwide), the minimum wage rate will increase to $20.29 per hour on january 1, 2024.

The federal minimum wage remains set at $7.25 an hour. $16.28 per hour washington’s minimum wage will be $16.28 per hour beginning jan.