Payment of wages is a fundamental aspect of labour laws across the globe. These laws typically govern how and when employees are compensated for their work. Here are some key aspects commonly covered by labour laws regarding payment of wages:
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Minimum Wage: Labour laws often establish a minimum wage that employers must pay their employees. This ensures that workers receive a fair and livable wage for their labour.
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Payment Frequency: Laws may dictate how often employees must be paid, whether it's weekly, bi-weekly, or monthly. The frequency of payment ensures that employees have regular access to their earnings.
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Method of Payment: Labour laws may specify the acceptable methods of wage payment, such as cash, check, direct deposit, or electronic transfer. These methods should be convenient and secure for employees.
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Overtime Pay: Regulations commonly require employers to compensate employees at a higher rate for any hours worked beyond the standard workweek, usually defined as 40 hours in a week. This is known as overtime pay.
