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History of the minimum wage information


The history of minimum wage is about the attempts and measures governments have made to introduce a standard amount of periodic pay below which employers could not compensate their workers.

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Minimum wage

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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...

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History of the minimum wage

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The history of minimum wage is about the attempts and measures governments have made to introduce a standard amount of periodic pay below which employers...

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Minimum wage in the United States

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In the United States, the minimum wage is set by U.S. labor law and a range of state and local laws. The first federal minimum wage was instituted in the...

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National Minimum Wage Act 1998

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The National Minimum Wage Act 1998 creates a minimum wage across the United Kingdom. From 1 April 2024, the minimum wage is £11.44 for people aged 21 and...

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List of US states by minimum wage

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of the official minimum wage rates of the 50 US states and the federal district of Washington, D.C. For comparisons to other countries see: List of countries...

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Minimum wage law

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Minimum wage law is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum...

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Minimum wage in South Korea

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The South Korean government enacted the Minimum Wage Act on December 31, 1986. The Minimum Wage System began on January 1, 1988. At this time the economy...

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Minimum wage in Germany

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government, a coalition between the SPD and the CDU. The implementation of a minimum wage was the SPD's main request during the coalition's negotiations as...

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Minimum wage in Japan

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than the regional minimum. If regional and industrial minimum wages differ, the higher of the two applies. The current minimum wage (national weighted...

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Minimum wage in Turkey

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The minimum wage in Turkey represents the gross amount that an employee must legally receive over a period of 30 days. The determination of the minimum...

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Minimum Wage Ordinance

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The Minimum Wage Ordinance Cap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010...

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Minimum wage in Romania

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The minimum wage in Romania is the lowest monthly or hourly remuneration that employers are legally allowed to pay their workers in Romania. The sum is...

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Minimum wage in Taiwan

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The minimum wage in Taiwan is the lowest hourly or monthly remuneration that employers may legally pay to workers in Taiwan. It is also known as the basic...

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List of European Union member states by minimum wage

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Germany (39.1 hours). Most of EU countries minimum wages are fixed at a monthly rate, but there are some countries where minimum wage is fixed at an hourly...

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Minimum Wages Act 1948

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Council appointed a Tripartite Committee of Fair Wage. This committee came up with the concept of a minimum wage, which not only guarantees bare subsistence...

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Living wage

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A living wage is defined as the minimum income necessary for a worker to meet their basic needs. This is not the same as a subsistence wage, which refers...

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Guaranteed minimum income

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used a regulated minimum wage, also provided special rations to families when a child was born. The Roman Republic and Empire offered the Cura Annonae, a...

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Raise the Wage Act

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The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$15. It has been introduced in each United States...

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Interprofessional Guaranteed Minimum Wage

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The Interprofessional guaranteed minimum wage or salaire minimum interprofessionnel garanti ('SMIG') was the first statutory minimum wage in France, adopted...

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Wage

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payments such as minimum wage, prevailing wage, and yearly bonuses, and remunerative payments such as prizes and tip payouts. Wages are part of the expenses that...

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Minimum Wage Board

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The Minimum Wage Board (Bengali: নিম্নতম মজুরী বোর্ড) is a Bangladesh government regulatory agency under the Ministry of Labour and Employment responsible...

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Monopsony

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regulating the wage policy of firms. The most common kind of regulation is a binding minimum wage higher than the monopsonistic wage. A binding minimum wage can...

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National Living Wage

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The National Living Wage is an obligatory minimum wage payable to workers in the United Kingdom aged 21 and over which came into effect on 1 April 2016...

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Fair Minimum Wage Act of 2007

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The Fair Minimum Wage Act of 2007 is a US Act of Congress that amended the Fair Labor Standards Act of 1938 to gradually raise the federal minimum wage...

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Maximum wage

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but its effects are unrelated to those of minimum wage laws used currently by some states to enforce minimum earnings. No major economy has a direct...

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Time price

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Prices over the Years – Candy Wrapper Archive". "The Food Timeline—historic food prices". "History of Federal Minimum Wage Rates Under the Fair Labor Standards...

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Minimum wage in Sudan

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The minimum wage in Sudan is LS 425 per month (US$0.95 as of August 2021). It is LS 3,000 (US$6.72 as of 2021) per month for civil servants. Until late...

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