What is the meaning of MINIMUM WAGE?

MINIMUM WAGE is the lowest compensation you are allowed to pay an employee for hourly work. It is defined by Federal, state, and sometimes local laws. State or local laws may be more restrictive than Federal law, and certainly may differ.

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APABarry Goldsmith. (2010). minimum wage. Retrieved September 21, 2026, from http://smartdefine.org/minimum_wage/definitions/1158227
ChicagoBarry Goldsmith. 2010. "minimum wage" http://smartdefine.org/minimum_wage/definitions/1158227 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, minimum wage, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/minimum_wage/definitions/1158227>.
MLABarry Goldsmith. "minimum wage" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/minimum_wage/definitions/1158227>
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