Minimum Wage
Minimum wage regulation attempts to set an hourly, or other periodic monetary standard for pay at work. A recent example was the U.K. National Minimum Wage Act 1998. Germany is currently debating whether to introduce its own.
Read more about this topic: Wage Regulation
Famous quotes containing the words minimum and/or wage:
“There are ... two minimum conditions necessary and sufficient for the existence of a legal system. On the one hand those rules of behavior which are valid according to the system’s ultimate criteria of validity must be generally obeyed, and on the other hand, its rules of recognition specifying the criteria of legal validity and its rules of change and adjudication must be effectively accepted as common public standards of official behavior by its officials.”
—H.L.A. (Herbert Lionel Adolphus)
“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.)