Updated to reflect a change to the minimum wage in Argentina, effective from 1 February 2026, and to include additional information on minimum wage rules in Portugal and the US.
The national minimum wage (NMW) is often seen as a simple legal requirement: as long as you pay your workers at least the statutory rate, you are meeting compliance requirements. However, the rules are nuanced, and misunderstandings can lead organisations to costly errors, enforcement action and reputational damage.