The Need for a Raise in Minimum Wage When you are placing an order at a restaurant, I bet it doesn’t occur to you who is the person that is preparing your meal. Typically, the people working in that environment are teenagers and adults who are supporting their families. And if we go further into thought, you may find yourself wondering on how people can make a living at the current minimum pay. Like some teenagers, I found myself in that person’s shoes behind the register working for minimum wage. And from my experiences I began to realize how difficult it is to live off a small amount of pay and support a family or even have a solid future. A thought begins to form and it poses a question on how can a person be considered poor if they are …show more content…
This would furthermore strengthen the claim of workers being more efficient at their place of employment. Another way to see this, would be that the employee is earning their wage by being more productive which is stemmed from the raise. Surveys show that an employee who feels good about themselves and respected produces a better quality of work. I can relate to this when I was working in the Eagle Ford Shale. I started off at 9.00 dollars an hour, which was ok at the time since I was working for minimum wage at my previous job. After a couple of months, I was given my first raise and it brought me up to 10.50 an hour. I can remember feeling great about myself, like I was a recognized and respected employee. Therefore it led me to continue to strive and improve in any areas I could, whether it was learning the management skills, or just cleaning yard. And from that personal experience, I can provide proof that people who get paid more will become more productive and more valuable to their employers. Now some opponents may argue that this only applies to certain cases where the person is actually willing to improve. And I would have to agree with them to an extent because even though a majority of individuals are looking to improve themselves, the remaining are living off government assistance that taxpayers provide. Another benefit from better employees, means the company spends less on training which saves them money. As it is included in the Time’s article “Don’t like Minimum Wage Increase? Be Mad at the Top Earners”, Christina Romer, a University of California, Berkley, economics professor, economist and also a former chairwoman of President Obama’s Council of Economics found that:“…both companies and employees benefit from job stability and experience when wages match skill sets and start at a livable level.
There is a lot of controversy over whether the minimum wage should be increased to 15$ an hour in all states. Proponents say that current wages in America are not livable because inflation is way higher than the current minimum wage; Minimum wage was 1.60 in 1968, which is equal to 11.60 today. Opponents say that many cannot afford this, will have to close down, make cuts, raise prices and lay off people because they will need to pay them more. Most economists believe that that high of an increase would hurt job growth. I believe that Increasing the minimum wage to fifteen dollars an hour nationwide will do more harm than good. Raising the minimum wage to fifteen dollars an hour nationwide is too big of a jump and would just cause businesses to cut off workers, force small businesses to close and increase inflation.
People working in the lowest tier jobs are wanting to be paid more than the minimum age which is currently $7.25. The minimum wage should not be raised at all due to the fact that these jobs are EASY. Yeah sometimes they can suck and not be any fun at all but it’s not hard. Jobs at fast food restaurants are meant for teenagers and old people. If you’re a middle-aged person it’s time to grow up and find a different job and stop trying to get paid more for a simple job that a 14 year old could do. People are protesting it to get it raised to almost $15 which is absolutely crazy and irrational. It’s a low paying job for a reason. It’s not meant to be made a career. An example of a job that pays minimum wage and
Minimum wage is the minimum hourly wage an employee can be paid from their employer. The federal minimum wage is set at seven dollars and twenty-five cents an hour in the state of Mississippi. Some states have chosen to raise their minimum wage higher than federal requires. San Francisco, CA, has the highest minimum wage fixed at ten dollars and fifty-five cents. Even though, some states have a higher minimum wage than others. The Fair Labor Standards Act entails every employee to be paid the same amount. If minimum wage was to be raised, it would have advantages and disadvantages.
When it comes to cash options everyone has their hands out and people are asking for more. Money situations can make life easier and less stressful, especially when minimum wage is concerned. Many jobs argue whether minimum wage should be raised or lowered. The minimum wage should be raised because people want to make more money, others believe that some people make too much money, and some individuals feel it should be raised according to job qualifications.
During the 2008 Global Recession, the employment rate for young adults and low skilled workers disproportionately, and once the recession had eased the employment gap based on education worsened significantly. In 2016 Presidential election raising the minimum wage became a key policy issue for the Democratic Party to help give those workers who were hit the hardest during the recession a much needed income boost. During the 2016 Democratic National Convention the Democrats agreed to add a $15 minimum wage into the party’s platform, taking a pivotal step sought by Vermont Senator Bernie Sanders and labor Unions. When it comes to raising the minimum wage and what it would do to U.S. employment, prices and productivity. Economists are willing
In conclusion, raising the minimum wage will always bring positive and negative consequences, but it depends also of how we use it. More money coming to our family is always a blessing and something good for everyone and even though it would have some negative effects
On November 9th, the voters of Maine chose to boost the states minimum wage. Raising the minimum wage intends to increase the living standard of low-level and low-skilled workers, specifically in service-sector jobs. However, sometimes it hurts the people it intends to help. Many economists have debated what the minimum wage should be that would benefit both the economy and society. Starting with John Maynard Keynes, economists have argued about the minimum wage for decades. Traditional economists argued that the labor market is in balance at equilibrium, however, Keynes argued that settling at equilibrium would not improve the labor market situation or properly stimulate aggregate demand.
The minimum wage has been a topic of discussion for decades. It was introduced in the Fair Labor Standards Act in 1938, originally set at $0.25. It has since been raised 29 times. The current federal minimum wage is $7.25 and was set in 2009 (11). This is the reason many people are upset with the wage not increasing. It would take $8.09 in 2016 to equal the $7.25 from 2009. The minimum wage needs to be increased to boost the economy and lift families out of poverty. However, the minimum wage should not be increased to more than $10 per hour to prevent an increase in the price of consumer goods and prevent a spike in high school dropout rates.
well-being is not treated as an integral part of the whole. Instead, the forgotten wage a daily
In the United States, a minimum wage is at its lowest at 7.25 and its highest is 10.50. That is a big gap from low to high. It’s not a 25 cent difference, but a 3.25 cent difference. I work a minimum wage at Arby’s and make 8.05 an hour. I have been working there for two months and have no idea how long I will be staying in this position of employment. I may be here for two years or as long as five years. What if they raised the minimum wage? Would it make me stay longer or leave sooner? However, I don’t plan on staying here long term because I want to continue my education and take my chances at making a much higher wage than anything fast food could give me. The chances of me rising through the corporate ranks to make enough to want
Have you ever wonder about people who works hard at their jobs and don’t get enough money? My friend's mother is a single parent with two child one is in college and another one is in high school. She works at the Macon County Elementary School as a special need teacher. You can say that most teachers don’t make a whole a lot in the middle Georgia area. She doesn't have enough to pay for daughter college funds or give her son his needs for school. She also struggles to pay for rent, car insurance, and other bills. Most of her family isn't from here so she really don’t have many relatives to support her. Increasing the minimum wage can help families who are struggling with living issues, decrease the unemployment rate, and help businesses with the cost of living.
It is a good economic policy to increase the minimum wage for low income earners. Increase the minimum will help these individuals get out of poverty, make a good living and afford better health care coverage. In addition increase the minimum wage will help individuals to take care of themselves and stop rely on social program and government assistances. Thus at this point the big concern is to decide how much to increase the minimum wage.
When people get a job they think that they should be able to afford to financially support their families; however, this is not the case for so many hard working people. There are plenty of people who opposite the raise of 15 dollars an hour, yet there reasons are unsound since just like the business owners try to get their employees are trying to support their families. Many think that raising the minimum wage would hurt businesses, yet how can businesses grow if people do not have money to spend on those businesses. People need to have extra money in order to be able to spend more money and help the economy. Increasing the minimum wage helps many people be able to survive.
Increasing the minimum wage doesn't seem good for the British economy, it would do more harm than good. Giving people a more livable wage is great but I think it's more complicated than just increasing the minimum wage. As mentioned in the article it puts people like Ms. Von Der Heyde in difficult situations. Increasing the minimum wage seems to only be a realistic idea for big companies. Businesses with thousands of customers could potentially increase their prices by a small amount and have enough to account for the higher wages. While a small business such as the Georgian House Hotel would have to substantially increase prices or cut workers to afford the higher wages.
Raising the minimum wage could help to protect workers from exploitation. It is a sad reality that employers take advantage of their workers and it is very commonplace to do so. Undercutting regulations, and human rights themselves, many use undocumented labor and otherwise shady business practice to get ahead. Not much is done to remedy this problem. A worker cannot easily escape this situation either. There are not many jobs, so each chance is