Minimum WageThe major federal law affecting compensation is

Minimum WageThe major federal law affecting compensation is the Fair Labor Standards Act (FLSA), which was originally passed in 1938. The FLSA sets a minimum wage to be paid to employees in entry-level positions. The minimum wage is calculated to address the cost of living and other basic needs. The federal minimum wage can only be changed by congressional action. It should be mentioned that if a state’s minimum wage is higher than the federal minimum wage, then the state’s minimum wage must be utilized for compensation purposes. As mentioned above, the minimum wage is determined by the United States Congress, but state legislatures have the option to set the wage higher as can be seen in the tables below.California Minimum WageCalifornia 2016$10.002014$9.002008$8.002007$7.502002$6.752001$6.25Florida Minimum WageFlorida 2014$7.932013$7.792008$6.792007$6.672002$5.152001$5.15Federal Minimum WageFederal 2014$7.252009$7.252008$6.552007$5.851997$5.151996$4.751991$4.25SLP AssignmentFigure out your state’s minimum wage. Next, discuss whether the United States should only use the federal minimum wage in all states or if each state should have its own minimum wage. Justify your response with examples and research. Lastly, if an organization decides to outsource to a developing nation, should the organization be required to pay the employees in the developing nation at least the federal minimum wage in the United States?SLP Assignment ExpectationsYour paper should be short (2–3 pages, not including the cover sheet, references, and assessment sheet) and to the point. You are expected to deal with these issues in an integrated fashion, rather than treating them as a series of individual questions to be answered one by one and left at that.