Recording Business Dictionary

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Minimum Wage

Minimum Wage Type: noun Pronunciation: /min-uh-mum wayj/ Also spelled or known as: Minimum Pay Plural: Minimum Wages Related: Scale, Collective Bargaining Agreement What does Minimum Wage mean? The lowest hourly wage that an employer may legally pay an employee under applicable labor laws. In the music industry, minimum wage laws may apply to venue employees, […]