The Living Wage For All Act aims to gradually increase the federal minimum wage to $25 per hour, requiring large corporations to lead the transition.
The Living Wage For All Act seeks to establish a federal minimum wage that aligns with the national median wage, ensuring it remains a living wage. It mandates large, highly profitable corporations to initiate the transition to higher wage standards before smaller employers. The bill phases in wage increases over 12 years, starting at $9 per hour and reaching $25 per hour. It also eliminates subminimum wages for employees with disabilities and those under 20 years old.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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