Work
The concept of minimum wage helps companies ensure that their employees earn enough for a minimum standard of living, which allows them to stay healthy and enjoy a state of well-being. Clearly, to achieve a similar standard of living in Kuwait, for example, and the Netherlands, you should earn a different minimum salary, depending on the country's cost of living. In general, if a nation's minimum wage is high, there is less poverty, more productivity, increased economic mobility, and reduced income inequality. This article will help you understand where does your host country stand in the international minimum wage ranking, and how does this affect its labour force and economic development.