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Topic: national minimum wage LAWS. good or bad? - page 18. (Read 21127 times)

legendary
Activity: 4270
Merit: 4534
November 26, 2012, 08:23:20 PM
#1
although you would at first think that the national minimum wage LAWS prevents employers from paying their employee's pennies per hour.

have you ever thought that the use of national minimum wage LAW was to prevent people being paid in non government fiat.

what i mean to say is governments are requiring a business to pay atleast £6.19 $7.25 etc BY LAW instead of allowing businesses to pay in groceries, gold bars, or other forms such as bitcoin.

can someone clear up the matter of the ability for businesses to ever pay workers in other forms LEGALLY. as this page on the UK government site clearly states that only accommodation provided by the employer can be use to subtract a very small part of the FIAT wage and no other benefits such as cars, vouchers or other forms of payment can be subtracted.
https://www.gov.uk/national-minimum-wage-accommodation

so look into amercan and other countries laws on minimum wage. as from what i can tell on the UK point of view. paying someone in bitcoin is not paying national minimum wage, even if the value of the bitcoin exceeds NMW value.

So businesses in england can be sent to court for breaching employment laws if they only paid their employee's with cars or bitcoins
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