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de facto minimum wage

The lowest hourly rate most people would accept to make the job worth their time. It is higher than the government's minimum wage, which is always too low to afford basic needs.

Company: "We offer a competitive rate above minimum wage! $27/hr"
Candidate: "meh, barely the de facto minimum wage in Sydney. I get more on welfare doing nothing"
Company: "Why does noone want to work for us???"

by wagie2023 August 12, 2023