Minimum Wage 2024 All States And Territories. Although the implementation of minimum wage might lead to positive outcomes for employees, the impact on employment remains a subject of debate. When a state or territory minimum wage is set at a higher rate.

The legally mandated hourly wage rate that employers are required to pay their employees for their labor is usually referred to as. Maintain the current level of effort and investment in real terms over the life of the agreement, including for any specific subsector;