M

minimum wages

Minimum wages are the lowest amount that an employee can be paid for their work, as set out in awards or registered agreements. These wages are the baseline payment standards for different types of jobs and industries.

Minimum wages represent the legal baseline salary that employers must pay their employees. These rates vary depending on the job type and industry and are outlined in awards or registered agreements. They ensure that employees are paid fairly for their work and protect against exploitation. Minimum wages can change annually, reflecting cost of living adjustments and economic conditions.

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