why isn't there a "maximum wage?
90925
he who has the money, makes the rules -- thus no maximum.
278583
You should also consider not just the wage, but the number of jobs available.  For example being a CEO of a top 100 company pays A LOT, but there are only 100 such jobs, so just knowing the average salary is very misleading.  In highly desired jobs, the salary can be high, but the competition is huge.  Get lots of good experience along the way and work at good resume content!
187138
they are trying to get minimum wage changed, but it is by state.  a lot of states are trying to raise minimum wage to $6 (right now, in my state, it's $5.15).  your state has to pass the bill before it will go up, though.
547226
When you have paid your dues and have become valuable enough to your employer that they feel this is a justified salary. \n\nMost employers don't start you off at a huge wage until you prove your worth.
1121389
There is a lot of jobs that will pay above minimum, but you always have to start from the bottom if you do not have any experience or education. Just be good at what you do end with time it will pay off.
49721
The only way to get employees to work for a minumum wage is you have to have other benefits. Not typical benefits but flexible hours and make it fun. People will work for a lower wage if they enjoy themselves
105464
Because they can... as long as people wanna work there, they can pay as little as they like. (as long as it's min. wage)
997650
Definitely.  the current minimum wage pays a worker around $200 for a 40-hour week.  Unless you're eating dog food, you can't live on that little money.  And there are millions of Americans who do their best.\n\nBut Congress doesn't care about poor people, so they refuse to allow them to earn a wage they can actually live on.  It's disgusting, the way the government craps on the very people who need their help the most.
352545
Define "Allow" :) I would guess that they aren't openly allowing it, more turning a blind eye to it. The problem comes from the fact that both of the industries you mention rely on illegal immigrants for labour, since most Americans don't want the jobs themselves (since the pay is so low and/or the conditions are so bad) Therefore if the legislature starts cracking down on those companies, they could literrally destroy them. Even if they don't levy the enormous fines that would probably be legally required for the companies' infractions, the companies would still be in a position where they simply couldn't afford to hire the staff they needed to keep going. You fancy paying $6 for a burger? Because it could happen if your local burger joint had to start paying Americans to do the jobs currently done by immigrants...
1113449
I dont think that there is a limit.
114075
Well that would be possible but this question is to vague to answer in reality. There is rent, employee wages, goods, insurance, etc that need to be considered. Good Luck
1008727
Every time minimum wage has been raised in the past, the prices of everything else follows.  I'm only 27, and I remember working for $4.25 an hour.  I don't think $7 is enough to live on, but I'm not sure that even raising it to that will do any good.
1076834
Equal wages for equal work is very much the law.  The reason, though, that you see  disparity between men and women for similar highly-paid positions, or positions of authority, is because many women stop out to become mothers.  This is factored into the averages that you see published to "prove" inequality. \n\nCaring for infants and children necessarily prevents women from being available to work the long hours required to achieve the highest positions.  As Neal Boortz says, "Successful people drive home in the dark".  \n\nSo.  Is this discrimination...?  I don't think so; even a child knows you can't have your cake and eat it, too.  Women must grow up and realize that you can't have it all; you have to choose.
316353
Can they?  Yes.  Can they rationalize it?  Sure, by saying employee A produces higher quality work or something like that.\n\nFor many jobs, your pay is set based on experience, education, and other things that aren't directly related to the actual job.
446966
no there is no limit on wages at all or on the amount you can spend on buying players from other countries, the only limit is the funds your backer has thats why chelsea have got so good so quickly they have a russian billionaire as there owner who can spend as much money as they need and there wages are huge but its all small chips for him. most clubs have to balance the books and can only spend what they earn thats why you have such a difference between the rich clubs and poor clubs and why the same clubs win every year unlike alot of american sport
632965
there are not any. Only the Federal minimum wage. Annual increases are up to the company. I have also learned this the hard way...get it in writing when they promise you !!!
416725
How could anyone?\nNot enough to pay for rent.\nPlus food , electric, not to mention a car to get to this job that pays crap,think about the gas,forget about TV or even Cable , and internet?What a joke...\nNobody can survive on minimum wage.