The National Minimum Wage Act 1998 is an initiative of the UK government to ensure fair wages for employees. The act provides rights and duties for both employees and employers. Employees have the right to address misunderstandings, receive written assessments of their pay, annual and public holidays, minimum wages, and overtime wages. They also have a duty to work efficiently, protect employer interests, and report assigned work. Employers, on the other hand, should formulate specific goals for employee retention and wage distribution, participate in public education campaigns, conduct salary assessments, and establish best practices to reduce wage differentiation.