{"iri":"https://folio.openlegalstandard.org/RCDwwDvhcbleBUzY2hO6kWL","label":"Minimum Wage","sub_class_of":["https://folio.openlegalstandard.org/RiYwKEna4NZ311TVYJ2yCj"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Living Wage","alternative_labels":["Base Wage","Statutory Wage"],"translations":{},"hidden_label":null,"definition":"Minimum Wage is the legally mandated lowest hourly wage that employers are required to pay their employees. It is typically set by government authorities and is intended to establish a baseline income level for workers.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}