Whois & Analysis for wageindicator.org

Labour law (also known as labor law or employment law) mediates the relationship between workers, employing entities, trade unions and the government.

Collective labour law relates to the tripartite relationship between employee, employer and union.

Individual labour law concerns employees' rights at work and through the contract for work.

are social norms (in some cases also technical standards) for the minimum socially acceptable conditions under which employees or contractors are allowed to work.

Government agencies (such as the former US Employment Standards Administration) enforce labour law (legislative, regulatory, or judicial).

A minimum wage is the lowest remuneration that employers must legally pay their workers.

Equivalently, it is the price floor below which workers may not sell their labor.

Although minimum wage laws are in effect in many jurisdictions, differences of opinion exist about the benefits and drawbacks of a minimum wage.

Supporters of the minimum wage say it increases the standard of living of workers, reduces poverty, reduces inequality, boosts morale and forces businesses to be more "efficient".

In contrast, opponents of the minimum wage say it increases poverty, increases unemployment (particularly among unskilled or inexperienced workers) and is damaging to businesses, because excessively high minimum wages require businesses to raise the prices of their product or service to accommodate the extra expense of paying a higher wage.

In public policy, a living wage is the minimum income necessary for a worker to meet their basic needs.

This is not necessarily the same as subsistence, which refers to a biological minimum, though the two terms are commonly confused.

These needs include shelter (housing) and other incidentals such as clothing and nutrition.

In some nations such as the United Kingdom and Switzerland, this standard generally means that a person working forty hours a week, with no additional income, should be able to afford the basics for quality of life, such as, food, shelter, utilities, transport, health care, minimal recreation, one course a year to upgrade their education, and childcare.

However, in many cases education, saving for retirement, and less commonly legal fees and insurance, or taking care of a sick or elderly family member are not included.

It also does not allow for debt repayment of any kind.

In addition to this definition, living wage activists further define a living wage as the wage equivalent to the poverty line for a family of four.

This is two adults working full-time with one child age nine and another of age four.

A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract.

It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis.

A person's job is their role in society.

A job is an activity, often regular and performed in exchange for payment.

Many people have multiple jobs (e.g., parent, homemaker, and employee).

A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent.

The duration of a job may range from an hour (e.g., odd jobs) to a lifetime (e.g., judges).