Article 3Editor NLC
The elements to be taken into consideration in determining the level of minimum wages shall, so far as possible and appropriate in relation to national practice and conditions, include-
a. The needs of workers and their families, taking into account the general level of wages in the country, the cost of living, social security benefits, and the relative living standards of other social groups;
b. Economic factors, including the requirements of economic development, levels of productivity and the desirability of attaining and maintaining a high level of employment.