Why Hard Workers Need To Raise Employees

One of the most talked about subjects in the U.S economy is the topic of minimum wage. With president Obama’s increase in the minimum wage to 10.10$ per hour people, both economists and politicians alike, have been debating whether raising the bar is a smart idea. At a time when the country the country’s inflation continues to rise at a steady pace and Americans are constantly working to feed their families, some economists know that a raise in the minimum wage would help elevate some of the difficulty. The last time the federal minimum wage was raised was in July of 2009, where rose from 6.55$ to 7.25$. However, there are plenty of reasons as to why the wage should be raised. Some may not think it, but raising the

The minimum wage is not suitable for society because it is too low and due to this, employees tend to overwork with more than one job, which leads them to not be available for their families enough, and they are unable to make progress with this wage

Paying for a college education creates a dilemma when a student only earns minimum wage flipping burgers at a local fast food restaurant. The current federal minimum wage stands at $7.25 per hour before taxes. The debate on whether it should increase or remain constant has been occurring for many years. Raising the minimum wage to match the current cost of living seems like a good idea, but this could cause some negative effects. John Komlos’ article “Why raising the minimum wage is good economics” delivers a more effective argument than Rex Huppke’s article “The argument against raising minimum wage” through the use of ethos, logos, and a valid conclusion.

The increase of minimum wage could lead to a better quality of life. Many had lived barely paying for the minimal necessities such as shelter, food, water, clothes, etc. The topic of

carefully planned out and considered, the total closure or failure of the organization could be at hand in the near future. In our modern age, employers know that salary is not the only factor that should be considered and that salary alone will not lead to better or more highly profitable workers alone. This is why compensation planning is important and why pay should have some connection between performance and compensation. This is why the human resources department should consider many monetary and non-monetary factors when considering how to properly compensate and motivate employees (Dessler, 2013).

With every job, comes a task or responsibility to accomplish. Every employee has a particular duty to fulfill on a day-to-day basis – it’s what he/she constantly thinks about during the workday. What about the operations of a business that most employees do not think about all time? How does the company run efficiently? How is a worker’s worth determined based on compensation? What criteria did management utilize to choose the employees that work for them? In order to effectively answer these questions, that is where people like Dr. Kathy Hanisch come into play.

James recalls a story of when he asked his supervisor for a raise stating that he was tired of being paid such low wages for his hard work. His supervisor, Phonse Bean responded with, “Really, by you doing so many jobs, it cuts you high-level pay down to lower pay, to medium grade. Actually, the way I got it figured, you 're fifteen cents overpaid now an hour. But I 'm going to give you a nickel raise-because I think you 're worth it.”

Colin Moore works hard to distinguish himself; however, he is dissatisfied with organizational opportunities, which cause no appreciative compensation. Moreover, he believes he has missed a chance to compete with new employees because of technical inability. Looking at another position, a massive fix is needed by Bob, who has worked seven years in HUS’s HR department. In a pressured working environment, Bob has been asked for offering competitive raises to support managers’ preferred employees. It will cause him to switch lots of programs to provide better compensation for employees. Based on what Bob’s shared he is also having a problem filling out benefit forms, which he has considered be fixed. Bobs role is very hectic at this time; he was not able to hand out forms unless he would have an assistant.

In many studies recorded by Raise the Wage, it states that, when the San Francisco Airport had a raise in pay, employee turnover drastically dropped from 95% to 19%. As well as 35% increase in working performance, employee morale improved 47%, 44% drop in for disciplinary issues, and customer service improved 45%. However this is not only the San Francisco Airport is not the only place where improvements were found in employees, by raising their pay; home care workers located in Bay Area also had turnover drop by 57%, and in Los Angeles there was an average 17% lower rates of turnover in firms where pays were higher. Fast-food employees were also employed longer and were commonly found to have full-time jobs when minimum wage was raised. Many companies including Costco, have taken notice of the improvements in workers when payed higher, a Business for a Fair Minimum Wage stated, “[h]igher wages benefit business by increasing consumer purchasing power, reducing costly employee turnover, raising productivity, and improving product quality, customer satisfaction and company

I believe that minimum wage is a drawback for certain people. For the workers, it is simply an upgrade to their life. They get a larger pay, and might be able to draw back on hours. Say they used to get $7.00 an hour minimum wage and now they get $10.00 an hour. So if they worked 10 hours before the minimum wage was raised, they would get only $70.00, but once it was raised, they would get $100. So each week if they worked 10 hours a day, before the minimum wage was raised they would receive $490. But after the minimum wage they would recieve $700. To strech that even further, each year before the minimum wage was raised, they would receive 25,480 dollars. But when it was raised, they earned 36,400 dollars a year. But for the employers, it

The problem addressed in this dissertation is the federal minimum wage in the United States (US). The federal minimum wage in the US has been at a standstill for many years. While policy makers are undecided whether to increase the federal minimum wage, the workforce is held in a quandary. The lag time between increases in the minimum wage imposes grief among the workforce and they’re families. (Addison et al, 2013) Workers earning only the minimum wage face daily struggles with a list of impossible situations, including adjusting to economic changes, healthcare issues, unpaid bills and employment injustice. (Milkman et al, 2012; Smith, 2015) Changes within the consumer price index (CPI) generate situations where many individuals and families

By increasing the starting wage of employees, and the amount of money they receive from their employers, the low wage working class citizen should be able to better pay off their bills and live out of poverty. “Alan B. Krueger, the minimum-wage expert who formerly headed Mr. Obama 's Council of Economic Advisers, has written: "A minimum wage set as high as $12 an hour will do more good than harm for low-wage workers, but a $15-an-hour national minimum wage would put us in uncharted waters, and risk undesirable and unintended consequences”’ (“$15 Is the Wrong” A.14). This article shows us that increasing the starting pay does have its benefits, but also can have harmful effects on surrounding people. What are some of the problems that come with raising the pay of employees?

In 2017 there were many issues leading the fact people had very low minimum wages so no matter how hard you are working you are barely getting paid. In the article “Should we raise minimum Wage”, Bernie Sanders talks about the problems with low minimum wage right now. He states “. That’s a major reason why more than 43 million Americans are living in poverty. Health-care costs, child care costs, college costs, and housing costs are all going up. Wages are not.” (Bernie Sanders.) The amount that people are getting paid now for minimum wage is not enough to live off of and people can barely live off of it. The low wage has to go up in comparison with other things because if one goes up and the other does not they will not be able to pay for

“Paying your employees well is not only the right thing to do, but it makes for good business”-Jim Sinegal, CEO of Costco. Many of America’s employees are not being paid well, however, for the annual income of a full-time employee who works year-round is less than $16,000 (about $15, 080) according to the current federal minimum wage (Rebuilding). To put into retrospect how out-dated the federal minimum wage is, consider that the minimum wage of 1956 amounted to exactly $7.93 in 2009 (Henderson). How progressive is it that our nation’s workers being paid less today than workers from the 50’s? The federal minimum wage should be raised in order to assist families out of poverty, to ensure the effort and loyalty of workers, and

Organizations that are committed to retaining good workers must also provide adequate compensation that allows employees to feel the organization cares about their needs. In order for Wal-Mart to remain competitive they must offer a compensation package that employees feel is fair and comparable to other organizations. If employees feel that the organization does not care or place any value on their individual needs employees may not remain with the organization and/or adapt the desired behaviors the organization requires, to provide superior customer service.