More information about the market - The labour market
3 important questions on More information about the market - The labour market
What is 'collective agreement' (CA)?
An agreement in which all employees of a -large- company or an entire industry share the same agreement with their respective employer(s).
What is the minimum wage?
The minimum gross pay that employers are obliged to pay.
What is supply of labour?
People who perform paid work plus people who are looking for paid work.
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