minimum wage
US /ˈmɪn.ɪ.məm ˌweɪdʒ/
UK /ˈmɪn.ɪ.məm ˌweɪdʒ/

1.
the lowest wage permitted by law or by a special agreement (such as one with a labor union)
:
•
Many workers struggle to live on minimum wage.
•
The government is considering raising the minimum wage.