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Part of a series on Organized labor Labor movement Timeline New Unionism Proletariat Social Movement Unionism Socialism Syndicalism Anarcho-syndicalism Labor rights Child labor Eight-hour day Five-day work week Annual leave Collective bargaining Minimum wage Occupational safety and health Trade unions Trade unions by country Trade union federations International comparisons ITUC IWA WFTU Strike action Chronological list of strikes General strike Secondary action Sitdown strike Work-to-rule Labor parties Australian British Dutch Irish Israeli Maltese New Zealand Norwegian List of Labor parties Academic disciplines Industrial relations Labor economics Labor history Labor law v t e A minimum wage is the lowest remuneration that employers can 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 w...