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The Minimum Wage market is an important part of Personnel and Human Resources. It is the legal minimum amount of money that employers must pay their employees for their work. It is set by the government and is usually adjusted annually. The purpose of the Minimum Wage is to ensure that employees are paid a fair wage for their work and to protect them from exploitation. It also helps to reduce poverty and inequality in the workforce.
The Minimum Wage market is highly regulated and employers must adhere to the laws and regulations set by the government. Employers must also ensure that their employees are paid the correct amount and that they are not being underpaid.
Some companies in the Minimum Wage market include McDonald's, Walmart, Target, Starbucks, and Amazon. Show Less Read more
