Denmark, Finland, Iceland, Norway and Sweden. None of these nations have an minimim hourly wage enshrined in law. Instead many of the base terms of employment, including wages, are decided via collective bargaining between sector trade unions and representatives of public sector and business interest organizations.

Minimum wage decided by politics is something taken for granted in many parts of the world, but ultimately it’s a question that most of all affects the suppliers (employees) and buyers (employers). The government will always be behind the times in legislation and have many other interests to juggle than yours - don’t just be a passive participant in the market.

I live in Sweden by the way, so feel free to ask me questions on the topic and I’ll do my best to answer.

  • Ice@lemmy.zipOP
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    20 hours ago

    ironically the majority of those are government employees and police

    It’s not ironic in the slightest. It’s for government employees that the conflict of interest between what’s best for the government (often low costs of labour) and employees (generous benefits and wages) becomes impossible to ignore.

    Similar incentive structures do exist on a national economic level. For instance lower wages often provide a more competitive industrial basis internationally, even if that is not neccessarily beneficial for the individual employee.

    • Mulligrubs@lemmy.world
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      15 hours ago

      It’s definitely ironic.

      A government that wrecks unions uses unions to pay itself.

      You can’t get more ironic