Salario Mínimo

Salario Mínimo, or minimum wage, refers to the lowest legal remuneration that employers are required to pay their workers for their labor. It serves as a legal threshold ensuring that employees are compensated fairly for their work effort, helping to protect low-income workers from exploitation. The minimum wage may vary by country and may also depend on factors such as age, job type, or location. It is often updated periodically to account for inflation and changes in the cost of living. The concept aims to ensure a basic standard of living for employees and to reduce poverty levels within the workforce.