Currency: United States Dollar (USD) (Rate)
Public Holidays: 11 federal holidays (see here); some states may have additional public holidays
Employer Taxes: 10-15% of gross salary
Official Language: English
Payroll frequency: Weekly, bi-monthly or monthly, depending on state
Employees are employed ‘at will’ and employers are not legally mandated to provide them with a formal notice period for termination. Therefore, either party can terminate the employment relationship with no notice, provided it is not for an unlawful reason. However, some employment agreements can specify a notice period.
Severance pay is not legally mandated and is typically a matter of agreement between an employer and an employee. When agreed upon, it can be included in employment contracts. Some employers choose to offer severance pay based on the employee’s length of service.
Employers are not required to include probationary periods and doing so may create confusion for a U.S. based employee about the nature of their at-will employment.
The federal minimum wage is $7.25 per hour.
Some states and municipalities, however, might set a higher minimum wage, which applies to employees working there.
Employers' ability to enforce non-compete agreements varies from state to state.
Presently, no state law requires an employer to pay its former employees remuneration during the period of the non-compete agreement. However, some employers can choose to compensate their former employees for this with an amount that varies by state and position.
Typically 40 hours per week.
Eligible employees are paid 1.5 times their regular pay rate for all hours over 40 in a workweek.
Some states require a higher compensation pay for work performed on the seventh consecutive day of work.
There is no statutory requirement to pay employees for time off for vacations or holidays. The typical amount of vacation, sick leave, or paid time off (PTO) varies from 10-20 days per year.