Puppyroach on 01 July 2014
Isn't it true that the minimum wage hasn't grown proportional to the economys growth during the last 50 years or so? If it had followed the general growth of the economy, the effect wouldn't be visible. This is a way to raise it and then maybe locking it to GDP. In Sweden we don't have minimum wage, but something called collective wage agreements between unions and representatives of the business sector. Every country has different methods I suppose.
