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)
“Roman, remember that you shall rule the nations by your authority, for this is to be your skill, to make peace the custom, to spare the conquered, and to wage war until the haughty are brought low.”
—Virgil [Publius Vergilius Maro] (70–19 B.C.)
“Escalus. What do you think of the trade, Pompey? Is it a lawful trade?
Pompey. If the law would allow it, sir.
Escalus. But the law will not allow it, Pompey; nor it shall not be allowed in Vienna.
Pompey. Does your worship mean to geld and spay all the youth of the city?
Escalus. No, Pompey.
Pompey. Truly, sir, in my poor opinion they will to’t then. If your worship will take order for the drabs and the knaves, you need not to fear the bawds.”
—William Shakespeare (1564–1616)