While technically the Scandinavian countries have no minimum wage, they also technically lack a standard work week and most other aspects of what in the U.S. is considered employment law. But these all still exist, just not as statute law. Employment conditions are instead set in collective negotiations between labor representatives and industry representatives. In Denmark, for example, the Confederation of Danish Industry (DI) and the Danish Confederation of Trade Unions (LO), mainly, periodically negotiate and revise big framework agreements. These cover almost all workplaces in the country, which makes the contents of the agreements de facto pretty close to the national labor law. They include agreements on the standard work week (37 hours) and the minimum wage (109 DKK, roughly $16.50). There may then be sector agreements or individual workplace agreements on top of these, but the big framework agreements set the basic conditions of employment.