Wage boards are tripartite bodies that represent employers, labor, and independent members to regulate wages in industries. They were established to settle wage disputes as an alternative to adjudication under the Industrial Dispute Act. Wage boards consist of equal numbers of representatives from employers and workers, plus an independent chairperson, to make acceptable decisions on minimum wages, cost of living adjustments, regional differentials, and other issues. The first wage boards were set up in the cotton textiles and sugar industries. They recommend wages and resolve wage-related disputes in a tripartite manner representing labor, management, and public interests.