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What Do We Mean By The Minimum Wage?
They want to know about the term used in every organization as the Minimum wage.
Alexa_John
January 08 2011
Answer posted 1 Years ago
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Minimum Wage actually refers to the lowest hourly, daily or monthly wage or the salary that employers may legally pay to employees or workers. Equivalently, we call it as a lowest wage at which workers may sell their labor. Although Minimum Wage has certain laws which are in effect in a great many jurisdictions, there are differences of opinion about the benefits and drawbacks of a Minimum Wage in particular. Along with this there are supporters of the minimum wage say that it increases the standard of living of workers and reduces poverty with the time spent in the organization where you are working. It also makes life easy and comfortable and at least your basic necessities are easily met with.
Danielle654
Jan 09, 2011
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