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Things New Yorkers Should Know About PREVAILING WAGE

Things New Yorkers Should Know About PREVAILING WAGE

cbcny.org

3 PREVAILING WAGE IS DIFFERENT FROM MINIMUM WAGE AND LIVING WAGE. The most common form of government regulation of wages is the requirement that employers abide by a minimum wage that is the lowest possible rate of compensation an employee may be paid legally. The minimum wage set by the federal government is currently $7.25 an hour.2 State

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