Minimum Wage Research Paper

This has been a discussion for the ages. The debate over raising the minimum wage has been a hot topic. Raising minimum wage would reduce poverty, be better for lower paid workers, and to reduce expense for social programs.

For over a decade, many Americans have struggled with the low wage issued from employers, despite working very long hours of work. According to a study done in Oregon State University, a federal minimum wage was first set in 1938, starting at 25 cents an hour. Due to inflation that has occurred many times throughout the century, the call for raising minimum wage is to be immediately answered. However, the minimum wage falls when congress does not raise the minimum wage to keep up with inflation. Because of this many cities and states have departed from the minimum wage. In this essay, to be discussed is the reason why imposing a minimum wage above the equilibrium wage will reduce employment and contribute to an increase in the unemployment rate.

The impact of raising the minimum wage would be good but i disagree the reason why is if the minimum wage go up businesses will have less workers and the prices will go up on everything like gas , clothes , shoes , food , rent etc. and for people it will affect them because it won’t be a lot of jobs and there and it would not be ok cause more people will be homeless and not have the money to take care of themselves or their families.They created minimum wage in 1938 it was a law to pay legally to works with a certain jobs.

Before Minimum wage laws were established employers were allowed to directly negotiate pay rates with potential employees for their services, which in the case of unskilled workers constituted a take it or leave it negotiating tactic from employers. Seeking to help the poor work their way out of poverty the government established a minimum wage that forced employers to pay an amount sufficient for workers to make a basic living. While minimum wage laws were initially established to reduce poverty the incremental raising of the minimum wage over the years has resulted in the erosion of the middle class.

For the past year there has been a tremendous debate over raising the minimum wage for fast food workers. The current minimum wage is $7.25 but it is being disputed that it’s not enough to live off of as prices are too high in order to survive. Majority of the people who are on strike, and are with raising minimum wage to $15 an hour, are people who work at McDonald’s. I highly disagree with raising the minimum wage for many reasons.

Does minimum wage effect our life? The minimum pay is the lowest wage permitted by law or by a special agreement. It started in 1938 from $0.25/hr to the current $7.25/hr and the highest minimum wage was in 1968 which is 10.85/hr. The last increased was—to $5.85 in July, 2007, to $6.55 in July, 2008, and to $7.25 in July 2009. Some people believe that raising minimum wage cause jobs loss. However, it is important to ensure raising minimum income because it supports poor families and increase the economy.

The minimum wage was created in 1938 in order to legally required to pay workers over time in some jobs. The minimum wage should be raised because and helps the socioeconomic goal of lift pay for 41 million dollars workers. Raising the minimum wage will have a good impact on individuals and businesses because it will injected of wages to help stimulate the economy and spur greater business activities and job growths.The evidence that supports my thesis is that the low-paid workers spend much of their extra earnings so it will injected the wages and because it will also help the colors workers.This evidence supports my thesis because it will higher $144 billion in higher wages for workers and benefit their communities.

The minimum wage is the lowest wage employers are to give an employee for every hour working . In the United states this was not always the case, it was not until the end of 1800 some sort of regulation was established. In 1984 New Zealand published the first minimum wage law (Smith, Halpen 2018). As other countries adopted this law United States also created their own version as they released The Fair Labor Standards Act of 1938 (FLSA) . This established a minimum wage and overtime pay. The new law at that time also required some form of recordkeeping for the first time, along with setting a standard for youth employment, for full-time and part-time workers in the private sector, Federal State, and local governments. During this time

Labor is the essential element that allows firms and businesses to rake in billions of dollars in profits each year. It is the foundation of the entire economy. Millions of Americans sell their resources and based on their education and skill level, they receive a salary or wage that is proportional. Many American, however, do not have the skills and educations to demand high salaries and wages and thus must succumb to working minimum wage jobs. Over the past century America has transitioned from a manufacturing orientated economy to a service orientated economy. Thus all of the people who worked in the mega factories of GM and Ford, no longer have blue collar jobs available. This has resulted in more and more people working minimum wage jobs, more specifically the fast-food industry. America is now faced with the question of whether or not to raise the minimum wage to fifteen dollars per hour in order

Minimum wage is a very controversial topic nowadays. This cartoon is symbolizing the conflict between the two people whether the minimum wage should be raised or not. People are always looking for a job or want to get a new job. The employer can force people to work for a very low salary. Even though he or she can afford to pay the employees more, they will not do it. The employer can only pay the employees low salary because he or she wants a higher profit. People now want to raise the minimum wage. By examining the high cost for employers, not supporting families, and raising taxes, people will see that they do not want to raise the minimum wage.

The problem addressed in this dissertation, is that the minimum wage in the United States (U.S.) significantly impacts the quality of life of millions of citizens. The current wage levels, limits low income workers’ ability to meet basic necessities. Despite the economic arguments against increasing the minimum wage levels, it is not practical for low income earners to endure a poor quality of life. Although, the impact of increasing the minimum wage, will increase the supply of labor, while decreasing the demand for it. However, the effects of low wages, impacts the economy, and policy makers have to recognize the short and long term consequences. While policymakers decide on whether or not to increase wages, the low income workers are held

What if there was one step to making the economy thrive. What would it be? I say it would be raising the minimum wage. Although people say it may make businesses close down because they would not be able to afford the raise. If you think that’s correct, you partly wrong because raising minimum wage puts more money into the economy, which makes the business busier and the business makes more revenue.

The act of tipping came to America in the late 1800’s from England where it was already customary. Founded in a time period where it was a social custom to sit in a pub for hours, those who may have been in a rush to leave the establishment would simply give the bartender more money in order to be served quicker. The lore behind the word tip concludes that it is actually the acronym for the words “To Insure Promptitude” (Burton 1). And just as it stuck in America, tipping remains to be a cultural standard in England to this day. The demand for a high tip percentage in America far surpasses the amount expected

The desire to tip your server has become the expectation for compensating wait staff to enhance their performance to provide excellent service to make up the difference between low wages and the high wage earned through tipping. The major problem I have with restaurants that pay their support staff lower wage base on higher tipping is that there is not a reflection in the price of food. These restaurants spends less money on salaries while lowering their overall fixed costs. Allowing customer to dictate the tip amount is unfair to the wait staff as they have not control over the amount of tip. Though this encourages wait staff to perform at their fullest potential when serving larger groups for a bigger tip. An organizational structure comprises

As a server, it is their responsibility to give the customers the best experience possible, while giving an adequate amount of effort for the desired tip. Depending on the the type of restaurant, serving can be