minimumpay

noun
UK /ˈmɪnɪməm peɪ/
US /ˈmɪnɪməm peɪ/

The smallest amount of money a worker can be paid for a job.

The new law raised the minimumpay for all workers in the city.


OTHER MEANINGS

2. The lowest amount of money someone can receive for doing a task.

For that small job, the minimumpay was just enough for lunch.

3. A rule that says workers must get at least a certain amount of money.

The company had to follow the minimumpay rule for every employee.

4. The least money a person can earn in a set time, like an hour or a day.

Her minimumpay for one hour of work was ten dollars.