Federal Minimum Wage. $7.25 per hour (Effective July 24, 2009). Employees are entitled to the higher of the two rates when there is a federal and a state minimum wage law. (Information valid on July 25, 2009). Caregiving pay varies between $8.00 and $14.00 per hour, depending on benefits provided along with hourly pay and if positions are for companion care or nursing aides. Bonuses and incentives are also available from many senior care companies.