Alex Leff and GlobalPost CorrespondentsDecember 31, 2013 01:19Updated January 2, 2014 15:46
BOSTON — Many Americans want to raise the minimum wage — quickly, before there's another fast-food strike. US President Barack Obama has backed a Senate effort to do just that. But, for now, federal minimum wage stands at $7.25 an hour. The rest of the world can teach us a thing or two about wage systems that work.