Chapter 17: Minimum wages: by collective bargaining and by law

• Main Author: Picot, Georg (auth)
• Format: Electronic Book Chapter
• Language: English
• Published: Cheltenham, UK Edward Elgar Publishing 2023
• Subjects: JHBL; Minimum wage; Collective bargaining; Mandatory extensions; Low-wage employment; Wage regulation; Social partners
• Online Access: DOAB: download the publication; DOAB: description of the publication

This chapter gives a succinct but comprehensive overview of different ways of setting minimum wages in advanced capitalist democracies. The two fundamental options are to establish minimum wages by collective bargaining or by law. But the two options can overlap in different ways. The chapter first...