What is the difference between a minimum wage job and a living wage job?

The difference between a minimum wage job and a living wage job is significant. Minimum wage jobs pay the lowest legal wage an employer can pay, whereas a living wage job pays an amount necessary to cover the basic living expenses of the worker. In Maryland, the minimum wage is currently set at $11.75 per hour for businesses with 15 or more employees. Companies with 14 or fewer employees must pay at least $11.50 per hour. These wages do not account for the cost of groceries, transportation, housing, and other expenses. A living wage job pays an amount of money that would cover all of these expenses. In Maryland, there is no legally mandated living wage rate, unlike some other states or cities, such as Washington D.C. and Seattle. Instead, Maryland relies on employers to pay a living wage voluntarily. While many companies recognize the importance of paying a living wage, some employers may not. Therefore, it is important for employees to know their rights in regards to minimum wage and living wages to ensure they are paid an appropriate salary.

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What is the difference between a minimum wage job and a living wage job?

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