Federated States of Micronesia Minimum Wage Rate 2024

Federated States of Micronesia has a government-mandated minimum wage, and no worker in Federated States of Micronesia can be paid less then this mandatory minimum rate of pay. Employers in Federated States of Micronesia who fail to pay the Minimum Wage may be subject to punishment by Federated States of Micronesia's government.

What is the Federated States of Micronesia Minimum Wage?

Federated States of Micronesia's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.

The Federated States of Micronesia's minimum wage is US$2.65 per hour for employment with the national government. All states have a minimum hourly wage for government workers: $2.00 in Pohnpei,$1.25 in Chuuk,$1.42 in Kosrae,and $1.60 in Yap; and $1.75 for private sector workers in Pohnpei. Federated States of Micronesia's minimum wage was last changed in 1-Jan-2015.

How does Federated States of Micronesia's minimum wage compare to the minimum wage in other countries?

Federated States of Micronesia's yearly minimum wage is $2,600.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. There are 63 countries with a higher Minimum Wage then Federated States of Micronesia, and Federated States of Micronesia is in the top 32 percent of all countries based on the yearly minimum wage rate.