Wednesday, September 8, 2010

Salary

  • Where did salary originate?
  • Do many people in the United States get a yearly salary or paid by the hour?
  • Do people make more money getting a salary?
  • What's minimum wage?
  • Why does the United States have a salary?

       Salary originated from the Latin word that referred to an 'allowance' given to Roman soldiers for buying salt. ( 'Salarium,' a derivative of sal, 'salt.') Salt was a valued and important commodity throughout this time period, which is one of the reasons why wars were fought, instead of being taken for granted as it is today. It broadened out to mean 'fixed periodic payment for work done,' and it passed into the Anglo-Norman period, however, it made its way into English-"salarie." 

    http://wiki.answers.com/Q/What_language_does_the_word_salary_come_from




    Each states in the United States have passed several federal laws increasing minimum wage, however, today minimum wage still varies. 



    Here are only a few states:

    Alaska: $7.75-In 2009, a state law was passed to keep the state minimum wage 50 cents above the federal level.
    Arizona: $7.25
    California: $8.00-The Minimum Wage Ordinance states that exempt employees must make twice the state minimum wage.
    Colorado: $7.25-Set to increase or decrease according to yearly changes in inflation; tipped employees earn $4.22 per hour.
    Florida: $7.25-$4.23 per hour for tipped employees. 
    Maryland: $7.25- Tipped employees earn $3.63.
    Ohio: $7.30-$7.25 for 14 & 15 year-olds and employees whose employers gross less than $267,000 yearly. This rate is automatically adjusted on January 1st based on the U.S. Consumer Price Index. $3.65 plus tips for tipped employees;however, it'll remain $7.30 for 2010.
    Texas: $7.25-Federal minimum wage used as reference; no actual amounts written in law.



    Minimum wage in the United States originated from the Fair Labor Standards Act in 1938. Since then, minimum wage has increased exponentially, originally starting at $0.25 per hour. 

    4 comments:

    1. Salary comes from the latin sal- meaning salt. I don't know if that helps, but it's kind of cool.
      source- my annoying little brother and his kids discover magazine

      bye

      ReplyDelete
    2. Are you keeping track of your sources?

      ReplyDelete
    3. I didn't on that post, I totally forgot about that. I'll go back and fix it

      ReplyDelete