Went for a job interview and were shocked by the hourly pay rate offered? Find out what the current hourly minimum wage is; you may be entitled to more than you were offered. What exactly is a minimum hourly wage and is it really in our best interests? Take our quiz and find out.
Which countries were the first to establish an hourly minimum wage?
Australia and New Zealand
Scandinavia and Germany
The United States and Great Britain
What are the basic components of the minimum wage laws?
a minimum hourly wage that would be enough to cover basic living costs if working a 40 hour week
a minimum hourly wage that is in line with inflation rates
an eight-hour workday, overtime pay and a minimum hourly wage
When did the U.S. introduce minimum wage regulations?
What is the current federal minimum wage?
$ 6. 89
When states have a different minimal wage regulation than the federal one, which amount is paid?
the higher of the two
the lower of the two
the average of the two
In the U.S., how many hours a week do you need to work to qualify for the minimum wage?
How many dollars' worth of tips do waiters need to get before they are exempt from being paid the regular minimum wage?
In the U.S., which professions are exempt from minimum wage regulations?
the entertainment industry
managers, executives and other professionals
health care professions
How much business does a company need to do to be obligated to pay its workers the minimum wage?
more than $ 100,000 a year in sales
more than $ 200,000 a year in sales
more than $ 500,000 a year in sales
What do many European countries rely on to ensure their workers are treated fairly, instead of having a minimum wage?
the integrity of employers
open market forces
Whom does the British minimum wage law cover?
all employed persons
British citizens, but not other EU members
adults over 22 only
What is the minimum wage in Britain for an adult?
When were the first minimum wage laws introduced in China?
What is a suggested alternative to fighting poverty rather than by having minimum wage laws?
more flexible unemployment benefits
According to some, what is the biggest culprit in causing inflation?