Current Minimum Wage. Texas adopts the federal minimum wage rate. Effective July 24, 2009, the federal minimum wage is $7.25 per hour. The Texas Minimum Wage Act does not prohibit employees from bargaining collectively with their employers for a higher wage. With specified restrictions, employers may count tips and the value of meals and lodging toward minimum wage.
The university officially opened on October 1, 1891 to 555 students. On the university's opening day, Founding President David Starr Jordan (1851â1931) said to Stanford's Pioneer Class: [Stanford] is hallowed by no traditions; it is hampered by none. Its finger posts all point forward..
Study shows Stanford alumni create nearly $3 trillion in economic impact each year. A study by two Stanford professors determines that companies founded by the university's alumni generate trillions in annual revenue and have created 5.4 million jobs. By Jamie Beckett. Stanford Technology Ventures Program. Students take part in an interactive innovation exercise during Stanford Entrepreneurship Week. Stanford University has long been known as one of the world's leading centers for innovation and a breeding ground for the entrepreneurs who created â and continue to shape â Silicon Valley.