Minimum Wage Law
First enacted in New Zealand in 1894, there is now legislation or binding collective bargaining regarding minimum wage in more than 90% of all countries.
Minimum wage rates vary greatly across many different jurisdictions, not only in setting a particular amount of money (e.g. US$7.25 per hour under U.S. Federal law (or 2.13 for employees who receive tips, known as the tipped minimum wage), $9.04 in the U.S. state of Washington, and £6.19 (for those aged 21+) in the United Kingdom), but also in terms of which pay period (e.g. Russia and China set monthly minimums) or the scope of coverage. Some jurisdictions allow employers to count tips given to their workers as credit towards the minimum wage level.
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Famous quotes containing the words minimum, wage and/or law:
“After decades of unappreciated drudgery, American women just don’t do housework any more—that is, beyond the minimum that is required in order to clear a path from the bedroom to the front door so they can get off to work in the mourning.”
—Barbara Ehrenreich (20th century)
“The matter of consulting experienced workers, of keeping all the workers informed of changes in production and wage methods, and how the changes are arrived at, seems to me the most important duty in the whole field of management.”
—Mary Barnett Gilson (1877–?)
““Teacher, which commandment in the law is the greatest?” He said to him, “You shall love the Lord your God with all your heart, and with all your soul, and with all your mind.’ This is the greatest and first commandment. And a second is like it: You shall love your neighbor as yourself.’ On these two commandments hang all the law and the prophets.””
—Bible: New Testament, Matthew 22:36-40.