Pay · HR glossary

Minimum Wage

Minimum wage is the legally required minimum pay for covered work under the applicable rules. Rates and calculation methods may vary by jurisdiction, occupation, worker category or other factors.

Example

An employer checks the current rate and permitted pay components for the worker's location and category before setting or reviewing compensation.

What to keep in mind

Do not apply one national headline rate to every situation without checking coverage. Working time, deductions and included components can affect whether actual pay meets the relevant requirement.

Further reading

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