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minimum
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minimum

In mathematics, a point at which the value of a function is lowest. If the value is less than or equal to all other function values, it is an absolute minimum. If it is merely less than at any nearby point, it is a relative, or local, minimum. In calculus, the derivative equals zero or does not exist at a function's minimum point. See also maximum, optimization.



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Keep in mind that few stay at the minimum for long; most such jobs are entry-level positions that allow workers to develop the skills needed to justify higher pay.
How to hurt the poor by Hoar, William P. / The New American
In a 'Living wage Case', the AIRC looks at the minimum weekly wage level to be paid to an adult employee working 38 hours per week, Monday to Friday.
FAIR minimum wages: the high road or the low road? The current ... by Blake, Nick / Australian Nursing Journal
22) Since 1991, the amount of annual earnings needed to obtain a YOC has been about two-thirds of one year's full-time earnings at the minimum wage (based on tabulations of the data in Chart 4).
Social Security's special minimum benefit by Hoffmeyer, Don / Social Security Bulletin
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