Minimum wage refers to the lowest amount of salary that an employer is legally required to pay their employees. However, there are various synonyms for minimum wage. One of the commonly used synonyms is base pay, which refers to the lowest salary that an employee can receive for their work. Another synonym is floor pay, which refers to the minimum amount of compensation that an employer can provide their workers. The term living wage is also used as a synonym for minimum wage, and it refers to the amount of salary that can provide a decent standard of living for an employee and their family. Ultimately, these synonyms underscore the need for fair compensation for labor.