One of the fundamental human rights is the right to fair compensation that ensures an existence worthy of human dignity. Ensuring an adequate wage for a living is identified as a cornerstone for a dignified life. Although there is no universally accepted amount that defines such compensation, nor is there a universal amount for all activities, the wage should be within the range of full-time work, enabling people to lead a decent life that society considers acceptable. Many changes have occurred since the very development of the concept of wages and the provision of some form of compensation for work, but perhaps the greatest changes occurred during the Industrial Revolution in the eighteenth century. Over time, the right to a wage has become part of the law in almost all countries worldwide. However, even in advanced economies, where the average income considerably higher, the pursuit of an adequate living wage remains unfulfilled for many. Providing employees with a fair wage can benefit both employees and employers. It motivates employees to enhance their performance, contributing to a peaceful work environment and higher productivity.