The Federal Minimum Wage: What’s Next?

Filed under: Business Infographics, Financial Infographics, Historical Infographics | No Comments »

Under the Fair Labor Standards Act (FLSA), workers in the United States must be paid at least a minimum wage — currently set at $7.25 an hour. While states and municipalities have the power to establish higher wages — for example, Washington is $9.32 and San Francisco is $10.74 — the federal minimum wage creates a base level for most employees. The only exceptions to the rule are certain tipped employees, full-time students, youth workers and disabled workers.

According to the Bureau of Labor Statistics, 1.6 million hourly workers earned the federal minimum wage in 2012, with nearly 2 million more earning less than the minimum because they fell under one of the above exemptions. More than half of minimum wage employees work in the leisure and hospitality industry, followed by retail, education and health services.

How did we get to today’s rate of $7.25 an hour?Let’s take a closer look at the history of the minimum wage.

infographic-minimum-wage

Infographic Review

Infographic Design: B+

If there is one thing that I love about an infographic, it is when they have good organization. That means that the information is laid out in an easy to read and follow design. This infographic uses a timeline design to help guide the reader through all of the information. The years are clearly labeled and designed to standout from the rest of the text. My only negative is that the top part is a little dull and should be more appealing to the eye to attract readers.

Infographic Information: B+

The information is interesting and helps shows how the federal minimum wage has changed over the years. I like the historical facts about the minimum wage. My pet peeve about infographics is that they should provide something valuable to the reader. This infographic shares facts but provides nothing for the reader to take away from the infographic.

Infographic provided by HRdirect.


Superhero Credit Ratings

Filed under: Financial Infographics, Pop Culture Infographics | Comments Off

With the world becoming more reliant on credit, making sure that you have a good rating is important if you want to borrow money. Being a superhero, fighting crime and saving the world might mean that you have more important things to worry about but have they ever considered if they could get a loan? At Aspire Money we have decided to take a look at some of our favourite superheroes and see which one would have the worst credit rating!

Superhero

Infographic Review

Infographic Design: B

The design has a comic book feel and look to it that works well with the superhero topic. I wish the information was organized a little better as it seems to be scattered around each section

Infographic Information: B+

I love the creative information behind this infographic. It gives a better insight into credit ratings while making it fun to read.


10 Ways Identity Theft Affects You

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For nearly 15 years running, identity theft has been the leading consumer complaint filed with the Federal Trade Commission. ARAG has helped many of those victims clear their names and credit ratings and get their lives back on track. See the top ten ways identity theft can affect you.

arag-infographic-top-ten-ways-id-theft-affects-you


Discount Brokers Review

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Some discount brokers are obviously better than others and it is important to know which ones are the best. This infographic from www.PeterLeeds.com reviews many of the top discount brokers to see how they really stack up against each other. The infographic looks at everything from commissions and cost to customer service and e-mail wait times. Take an in-depth look at discount brokers.

006_Official_Discount_Brokers_Review


Australia’s Bill Paying Habits

Filed under: Financial Infographics | Comments Off

Paying bills is never fun but it has to be done. This infographic from Fox Symes, takes a look specifically at Australia’s bill paying habits. It is hard to make payments on time and many of us do it often. It is interesting to see the break down of late payments by age and also by bill type.
Australia's Bill Paying Habits

Infographic Review

Infographic Design: B+

The design is professional and clean with a clear distinction between sections. The colors work well together and the use of graphs and charts are creative.

Infographic Information: B+

The information is interesting to read but not necessarily helpful for those struggling to pay the bills. It is does show that you may not be alone in paying your bills late.