There is no minimum wage in South Carolina. Instead, they go by Federal Minimum wage which is increasing to $7.25 7/5/09
A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labor. Although minimum wage laws are in effect in many jurisdictions, differences of opinion exist about the benefits and drawbacks of a minimum wage.
Supporters of the minimum wage claim it increases the standard of living of workers, reduces poverty, reduces inequality, boosts morale and forces businesses to be more efficient. Critics of the minimum wage claim it actually increases poverty, increases unemployment (particularly among low productivity workers), and is damaging to businesses.
Remuneration is the compensation that one receives in exchange for the work or services performed. Typically, this consists of monetary rewards, also referred to as wage or salary. A number of complementary benefits, however, are increasingly popular remuneration mechanisms.
Remuneration can include: Macroeconomics
Human resource management (HRM, or simply HR) is the management process of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture and ensuring compliance with employment and labor laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement, HR will also serve as the company's primary liaison with the employees' representatives (usually a labor union).
HR is a product of the human relations movement of the early 20th century, when researchers began documenting ways of creating business value through the strategic management of the workforce. The function was initially dominated by transactional work, such as payroll and benefits administration, but due to globalization, company consolidation, technological advancement, and further research, HR now focuses on strategic initiatives like mergers and acquisitions, talent management, succession planning, industrial and labor relations, and diversity and inclusion.
Labour law (also labor law or employment law) mediates the relationship between workers (employees), employers, trade unions and the government. Collective labour law relates to the tripartite relationship between employee, employer and union. Second, individual labour law concerns employees' rights at work and through the contract for work. The labour movement has been instrumental in the enacting of laws protecting labour rights in the 19th and 20th centuries. Labour rights have been integral to the social and economic development since the Industrial Revolution. Employment standards are social norms (in some cases also technical standards) for the minimum socially acceptable conditions under which employees or contractors will work. Government agencies (such as the former U.S. Employment Standards Administration) enforce employment standards codified by labour law (legislative, regulatory, or judicial).
Minimum wage law is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation.
Until recently, minimum wage laws were usually very tightly focused. In the U.S. and Great Britain, for example, they applied only to women and children. Only after the Great Depression did many industrialized economies extend them to the general work force. Even then, the laws were often specific to certain industries. In France, for example, they were extensions of existing trade union legislation. In the U.S., industry specific wage restrictions were held to be unconstitutional. The country's Fair Labor Standards Act of 1938 established a uniform national minimum wage for nonfarm, nonsupervisory workers. Coverage was later extended to most of the labor force.
In the United States, workers are generally entitled to be paid no less than the statutory minimum wage. As of July 2009, the federal government mandates a nationwide minimum wage level of $7.25 per hour, while some states and municipalities have set minimum wage levels higher than the federal level, with the highest state minimum wage being $9.19 per hour in Washington as of 2013.
Among those paid by the hour in 2012, 1.6 million were reported as earning exactly the prevailing federal minimum wage. About 2.0 million were reported as earning wages below the minimum. Together, these 3.6 million workers with wages at or below the minimum made up 4.7 percent of all hourly-paid workers. Labor
South Carolina i/ / is a state in the Southeastern United States. It is bordered to the north by North Carolina; to the south and west by Georgia, located across the Savannah River; and to the east by the Atlantic Ocean. Originally part of the Province of Carolina, the Province of South Carolina was the first of the 13 colonies that declared independence from the British Crown during the American Revolution. The colony was originally named by King Charles II of England in honor of his father Charles I (Carolus being Latin for Charles). South Carolina was the first state to ratify the Articles of Confederation, and the 8th state to ratify the US Constitution on May 23, 1788. South Carolina later became the first state to vote to secede from the Union which it did on December 20, 1860. It was readmitted to the United States on June 25, 1868.
South Carolina is the 40th most extensive and the 24th most populous of the 50 United States. South Carolina comprises 46 counties. The capital and largest city of the state is Columbia, while the largest MSA is Greenville. USD