Denmark, Finland, Iceland, Norway and Sweden. None of these nations have an minimim hourly wage enshrined in law. Instead many of the base terms of employment, including wages, are decided via collective bargaining between sector trade unions and representatives of public sector and business interest organizations.

I live in Sweden by the way, so feel free to ask me questions on the topic and I’ll do my best to answer.

  • Evil_Shrubbery@thelemmy.club
    0·
    1 month ago

    Yes, what you would expect from the name, but just a tiny bit more than that as it deals with (indirectly) promotions and wage gaps too, companies need to incorporate & codify wages a bit further than just how much of a fight an individual worker gives up.

    The basic thing is that every job position needs to have a wage specification.