national minimum wage — UK US noun [C] (ABBREVIATION NMW) ECONOMICS ► the lowest amount that employers can legally pay employees in a particular country: »The new national minimum wage aims to lift 300,000 workers and their children out of poverty … Financial and business terms
National Minimum Wage Act 1998 — Parliament of the United Kingdom Long title ... Statute book chapter 1998 … Wikipedia
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 wage. More than 90% of all countries have some kind of minimum wage legislation.[1] Until recently, minimum wage… … Wikipedia
Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… … Wikipedia
Minimum wage in the United States — History of the federal minimum wage in real and nominal dollars. As of July 24, 2009 (2009 07 24) … Wikipedia
Minimum wage history — 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 let their workers fall.In 1824 in Victoria, Australia, an amendment to the… … Wikipedia
minimum wage — noun the lowest wage that an employer is allowed to pay; determined by contract or by law • Hypernyms: ↑wage, ↑pay, ↑earnings, ↑remuneration, ↑salary * * * noun [singular] : an amount of money that is the least amount of money per hour that… … Useful english dictionary
minimum wage — ➔ wage * * * minimum wage UK US noun [C, usually singular] ECONOMICS ► the lowest amount that employers can legally pay employees: »He earns the minimum wage of $5.50 an hour. above/below the minimum wage »30,000 workers were still being paid… … Financial and business terms
minimum wage — The minimum wage that an employer may pay an employee. In some countries there are statutory national minimum wages and in other countries there may be agreed minimum wages within certain industries. The UK introduced its first statutory minimum… … Big dictionary of business and management
History of the minimum wage — 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 let their workers fall. Contents 1 Nineteenth century 2 Twentieth century 3 See… … Wikipedia
