Benefits And Benefits Of Minimum Wage

Raising the minimum wage is a very important public policy issue. Raising the minimum wage is a responsible policy that is supported by research and demanded by the American public. Each day, minimum wage workers across the country struggle to make ends meet and provide a decent life for their kids (Scott & Perez, 2016). Raising the minimum wage is a controversial issue, many believe that raising the minimum wage would only provide low wage workers more money to spend. However, the benefits can be endless for low wage workers. If minimum wage is increased across the United States it would afford the people effected more opportunities for financial freedom. Increasing the minimum wage would raise the standard of living for low wage workers, allow families to be removed from poverty, allow for government welfare spending to be reduced and lastly additional income being spent would positively affect the economy.

Picture this: You are a single parent of two, you work 40 hours a week plus occasional overtime at a minimum wage paying job, you struggle to put food on the table to feed your family, and then you receive a call from the bank saying that your home is being foreclosed. This is the situation faced by thousands of Americans every year due to low income and wealth inequality. The federal minimum wage (FMW) as of April 2014 is $7.25, which is not enough to keep a family of two above the poverty line. There are certain questions on this topic that should be addressed, such as why is poverty and wealth distribution an issue in the United States today? Should the FMW be raised and why? How would raising the FMW affect American families? What are

There are 156. 4 million people in the US workforce, however 5.2% of those are unemployed. The federal minimum wage is $7.25 an hour; however, each state has its own laws regarding minimum wage and the amount can be higher or lower than the federal minimum, but the employee receives the higher of the two (2015). A higher minimum wage means that employers are less apt to hire someone. Some experts explain this by saying that if an employer values the job at a lower wage per hour than the minimum wage set by the government, then the employer is less likely to hire someone to fill that role. The employer only wants to hire someone when that person will be able to generate some sort of value for the company and positively affect the bottom line. Another problem with a high minimum wage is that potential employees are less likely to want to work if they are able to receive unemployment benefits from the government that will almost equal that which they would receive from working a minimum wage job (Gillikin).

In our modern society one of the seemingly least controversial topics is the minimum wage. The popular opinion wants to raise the minimum wage, but is the popular opinion always right? Throughout recent years, politicians have made promises to raise the minimum wage to help low-income earners live a better life. Contrary to popular belief, raising the minimum wage actually hurts low-income earners and low-skilled workers. We must first define a low-skilled worker. A low-skilled worker does not mean that particular employee is not intelligent; it simply refers to a worker who cannot perform as efficiently due to low educational attainment. Through this paper, I hope to inform you, Mr. Randall L. Stevenson, and our company, AT&T, about the disadvantages of raising the minimum wage.

The idea of minimum wage is that workers are guaranteed enough money to live off of. The price of minimum wage is determined by the state, but a federal minimum wage is set. Some states choose to go above the minimum wage, while others, such as Alabama and Louisiana, choose to not have minimum wage at all (Root). Minimum wage is important to society, because it can affect many people’s lives. There are many pros and cons to having minimum wage in the United States. Furthermore, various stakeholders are also impacted by this policy in numerous of ways. Minimum wage is a microeconomics and macroeconomic problem that has many consequences. Therefore, minimum wage has been a great economic issue because of people’s support and opposition to the policy.

Our employees that receive tips should have their minimum wage rasied. Doing this will ensure that our employees will have a stable income. Being so they do not have to rely on tips every pay check. With that being said i think raising the tip minimum wage would be a great thing for our empolyees. Having to rely on tips all the time can be fustraging. What if they dont receive enough tips for what they need the money for? They are working for a reason, and i dont think its to not get tipped and have to rely on their low source of income.

The wages as a waitress are always unfair, the sad part is it may never be fixed. I am a waitress myself I depend on my tips for my income it's hard to make a living off of just tips, it is ridclous actually. All the resturants I have worked at our wage is $2-4 dollars hour less than minimum wage!

For most middle class Americans, the dream of a stable, well-paying job is a fiction of a past long-departed. With the arrival of the modern system of flexible labor, working class America has waved goodbye to the economic prosperity championed by its forefathers—and begrudgingly welcomed an economy marked by stagnant income levels, dismal prospects of upward mobility, and a lowered seat at the workplace bargaining table. But as many prepare to bury the American Dream as a relic of days past, there endures a spirit of hope within some circles about the prospects of a brighter economic future for working class Americans. While the debate persists over the admirable goals of re-arming America’s unions and implementing a universal basic

Minimum wage is a struggle for many Americans and I believe it needs to be raised. The minimum wage of the United States is $7.25 an hour. It is a rate that isn’t letting many Americans live life comfortably. If the minimum wage was changed even a merely $3.75 it would change people’s lives and will let many people get by. The minimum wage of $7.25 has stayed the same since 2009 and there hasn’t been any effort by the government to change it. Many states have increased their minimum wage, but I hope that the minimum wage rises nationwide and not individually as states.

The continuous demand for more cash for less work has constrained Uncle Sam to raise the lowest pay permitted by law endless times in the last half century, which brings about higher costs for whatever is left of us. Another raise in the minimum wage would, as all the others before it, raise costs for buyers, which would again bring about another interest for an increase in the minimum wage again with no end to the cycle. It's an egregious pattern that must be halted before it loses control and brings utter chaos and a dismal end to our economy.

Minimum wage laws affect me and everyone else in the world, whether it be directly or indirectly. There are a lot of systems based on the annual income for a household. Minimum wage laws mandate whether or not people qualify for certain programs. For example, students in school might qualify for free lunch if they're in a low income household. But raising minimum wage would mean that people are required to be paid more. That is a giant advantage.. for people that are employed. Although, some companies and businesses don't want to pay all of their employees higher wages because it means their losing money, so they'll get rid of employees to accomdate the changes. Personally, I think minimum wage laws are great but I do strongly believe they

I think employers who receive tips should get paid a minimum wage as other employees, because everyone should be equal at work and everyone works the hardest. I don't think it's fair to only depend on tips just because the base pay is so low and servers depend on tips as a major part of income.

Who does make minimum wages? Through out American history, there had been a huge increase in wages. In the 1940s through 2010, the minimum wage that was adjust rose from $3.40 to $7.25. In those same years, the minimum wage for unadjusted rose from $.25 to $7.50. The debate on who gets minimum wage or if it should be raise, has been going on for decades now, and some states can’t make a decision. About 11 States and District of Columbia had raised their minimum wage, and some cities like Los Angeles nearly double their minimum wage to $15. However, some of those places tried to make sure a certain group doesn’t get the same rights. Some States think it is best for minors not to get the same minimum wage as adults due to their age and experiences. However, minors (those under 18) should make minimum wage as the adults.

Minimum wage has been a major discussion in our country approximately two dozen times ever since it was instituted in 1938 with the Fair Labor Standards Act. In the beginning, employers complained and argued because of their mindset that the raise was now another “cost.” Now, none of them have complained because they can afford to send their children to high quality colleges and they can take a Sunday drive in their Cadillacs. They did not see in 1938 that the raise is not a “cost,” as they had considered it. It allows for a decrease in poverty, and allows companies who can rise with the economy to thrive while those who cannot now leave an opening for a company who is willing to follow the new guidelines successfully.

If you had minimum wage at 15$ people would be crazy for some fast food restaurant job just because some people don't even get paid 15$ an hour. why would you make it 15$ for people who don't have an education.For the people who have went to college and only make $13.50 an hour.