Minimum wage
Term · Law · MLC-T-LAW-003243
The lowest hourly, daily, or monthly remuneration that employers can legally pay their workers. This standard is established by statute or regulation to protect workers from exploitation and provide a basic living standard. In the United States, the Fair Labor Standards Act (FLSA) sets the federal minimum wage.
| Identifier | MLC-T-LAW-003243 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003243",
"term": "Minimum wage",
"field": "Law",
"definition": "The lowest hourly, daily, or monthly remuneration that employers can legally pay their workers. This standard is established by statute or regulation to protect workers from exploitation and provide a basic living standard. In the United States, the Fair Labor Standards Act (FLSA) sets the federal minimum wage.",
"url": "https://mlchart.com/terminology/law/minimum-wage/"
}
Record 3,210 of 5,441 in Law terminology (MLC-0107). Request the full dataset.