Is Australia the only OECD country that has no independent body that determines minimum wages for workers?

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Is Australia the only OECD country that has no independent body that determines minimum wages for workers?

2007-03-27 00:37:05 · 1 answers · asked by peterjd88 1 in Business & Finance ➔ Other - Business & Finance

1 answers

The United States does not have an "independent body" that determines minimum wages.

Minimum wages are set at the Federal and State level. Federal levels are legislated (and voted on) by Congress.

State levels are voted upon by the people.

We the people and Congress. It doesn't get much more independent than that.

2007-03-30 22:20:32 · answer #1 · answered by csanda 6 · 0⤊ 0⤋