Minimum wage

• Notation

  • B.30.02

• Definition

  • The minimum sum payable to a worker for work performed or services rendered, within a given period, whether calculated on the basis of time or output, which may not be reduced either by individual or collective agreement, which is guaranteed by law and which may be fixed in such a way as to cover the minimum needs of the worker and his or her family, in the light of national economic and social conditions. Source: Minimum wage systems. Geneva, ILO, 2014. (ILC.103/III/1B)

• Broader Concepts

  • Remuneration

• Related Concepts

  • Living wage

• Exact Matching Concepts

  • minimum wage

• Created

  • 25 May 2021 13:46 CET

• PublicWebsite_IND

  • true

• RDF Type

  • Concept