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What is Minimum Wages?

LiveRec EditorialUpdated

Minimum wages are the lowest wages an employer may legally pay, fixed by the appropriate government. Under the Code on Wages, 2019 the right to minimum wages applies to all employees, with a floor wage fixed by the Central Government below which no minimum wage can be set. A legal floor is not a market salary.

Example

A state notifies minimum wage rates by skill and area. An employer paying less than the notified rate for a category breaks the Code, whatever the contract says. Check your state or Central notification for the current rate.

See minimum wage and floor wage.

Sources

This is general information, not legal, tax or immigration advice. Rules change and your situation may differ. Consult a licensed attorney or qualified adviser.