The color of a Ruby is the most important feature of the gemstone. Rubies are available in a range of red hues from purplish and bluish red to orange-red. The brightest and most valuable color of Ruby is often âa Burmese Rubyâ â an indication that it is a rich, passionate, hot, full red color with a slight blue hue.
Minimum Wage. What is 'Minimum Wage'. A minimum wage is a legally mandated price floor on hourly wages, below which non-exempt workers may not be offered or accept a job. As of June 2016, the minimum hourly wage rate in the United States is $7.25.
The federal minimum wage for covered nonexempt employees is $7.25 per hour effective July 24, 2009. The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.