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Minimum Wage Policy

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Minimum Wage Policy
The lowest rates of minimum wage workers are situated in the Pacific region, with the rate being as low as 1.5 percent.
Before we divulge ourselves into the research question we should discuss what exactly the minimum wage is. The minimum wage by definition is the lowest wage permitted by law or by a written agreement (such as one with a labor union). New Zealand in 1894 passed the world’s first national minimum wage law that covered all businesses and industries across the country. Once New Zealand signed it’s minimum wage law into the books other countries began enacting minimum wage laws of their own as well. The minimum wage policy has not been around for as long as some people might think. The first federal minimum wage was introduced
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