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A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages, or by automating job functions.

Definition of minimum wage. 1 : living wage. 2 : the lowest wage paid or permitted to be paid specifically : a wage fixed by legal authority or by contract ...

The minimum wage is the lowest wage that an employer is allowed to pay an employee, according to a law or agreement. COBUILD Advanced English Dictionary.

minimum wage definition: 1. the smallest amount of money that employers are legally allowed to pay someone who works for…. Learn more.

A minimum wage is the lowest wage per hour that a worker may be paid, as mandated by federal law. It is a legally mandated price floor on hourly wages, ...

Minimum Wage The minimum hourly rate of compensation for labor, as established by federal statute and required of employers engaged in businesses that affect interstate commerce. Most states also have similar statutes governing minimum wages.

the lowest pay for an hour's work that can legally be paid to a worker: They want to raise the minimum wage to $8 an hour.

The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.

Minimum wages have been defined as the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract.

minimum wage, wage rate established by collective bargaining or by government regulation that specifies the lowest rate at which labour may be employed. The rate may be defined in terms of the amount, period (i.e., hourly, weekly, monthly, etc.), and scope of coverage. For example, employers may be allowed to count tips received by employees as credits toward the …

Minimum wages have been defined as “the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract”. 1 This definition refers to the binding nature of minimum wages, regardless of the method of fixing them. Minimum wages can be …

Feb 22, 2022 · A minimum wage is the lowest wage per hour that a worker may be paid, as mandated by federal law. It is a legally mandated price floor on hourly wages, below which nonexempt workers may not be...

31.1.2022 · The purpose of minimum-wage laws is to prevent employers from exploiting workers. The minimum wage should provide enough income to afford a living wage, the amount needed to provide enough food, clothing, and shelter. The U.S. national minimum wage is $7.25 per hour as of January 2022. Many states and cities have their own minimum wage.

minimum wage, wage rate established by collective bargaining or by government regulation that specifies the lowest rate at which labour may ...

minimum wage noun Legal Definition of minimum wage : a wage fixed by contract or especially by law as the least that may be paid either to employees generally or to a particular category of employees — compare scale Test Your Vocabulary Difficult Spelling Words Quiz Which is the correct spelling? accomodate acommodate acommadate accommodate

Minimum wages have been defined as “ the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract ”. 1 This definition refers to the binding nature of minimum wages, regardless of the method of fixing them.

Minimum wages have been defined as the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given ...

The minimum wage a worker should get depends on their age and if they’re an apprentice. The National Minimum Wage is the minimum pay per hour …

Minimum wages have been defined as the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract.

A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor.

Minimum wage definition, the lowest wage payable to employees in general or to designated employees as fixed by law or by union agreement. See more.

22.2.2022 · Minimum Wage: A minimum wage is the lowest wage per hour that a worker may be paid, as mandated by federal law. The minimum wage is a legally mandated price floor on hourly wages, below which non ...

The meaning of MINIMUM WAGE is living wage. How to use minimum wage in a sentence.