Explanatory note about the global Minimum Wage Database of WageIndicator

In a globalized world, comparative and up-to-date data on wages and wage setting institutions is needed to understand the worldwide economy in relation to national labour markets, wage setting processes and industrial relations systems. Minimum wage setting is considered an important feature of a country’s wage-setting. Decision making bodies such as wage boards are designed for decision making, but their dissemination capacities are mostly not well developed. When information is lacking, it is hard for employers to comply with the minimum wage rates and for employees to check if they are paid accordingly. In the 2000s the Internet offered unmet possibilities for dissemination. WageIndicator stepped into this area, see http://www.wageindicator.org/main/salary/minimum-wage.