Pros And Cons Of Minimum Wage

Throughout the United States, minimum wage is approximately $7.25 per hour. An individual who is working a 40-hours per week will make $15,080 per

The current federal minimum wage is $7.25. The last change to this wage was in 2009, when it was raised by $2.10, from the past wage of $5.15 per hour. However, there are some different laws relating to minimum wage. One of these laws is that “workers whose

The most recent update to the federal minimum wage was in 2009, when it was raised to $7.25 an hour. Note that 29 states have a higher minimum wage than the federal rate.

Minimum wage is the lowest legal a person can pay for labor. This amount of pay is determined by the country’s government. Currently, the minimum wage in the United States as a whole is $7.25, but in California minimum wage is at $10.00 statewide. One country that has a minimum wage is Canada. Their current minimum wage rate is $10.01 as of 2016. The reason they have a current minimum wage is because this rate either adjusts of increases based on the average of the percentage change in the Consumer Price Index (Gov of Canada). This helps the people of Canada because of the wage on average increases with consumer demand and intake.

The student hourly wage is presently $9.60/hour and is set to increase to $10.30/hour on June 1st, 2014. Liquor servers’ minimum wage is the hourly rate, which applies to employees who directly serve liquor to customers or guests in licensed premises as a regular part of their work. Licensed premises are businesses, which have been issued a license or permit issued under the Liquor License Act, which allows an establishment to serve liquor. Liquor servers presently make $8.90/hour and as of June 1st, 2014, $9.55. Hunting and fishing guides minimum wage are based on blocks of time instead of by the hour. They get a minimum amount for working less than five consecutive hours in a day, and a different amount for working five hours or more in a day- whether or not the hours are consecutive. The hourly rate for working less than five consecutive hours is presently $51.25 and will be raised to $55.00 as of June 1st, 2014. The hourly wage for working five or more hours whether it is consecutive or not is presently $102.50 and will also be soon raised to $110.00 as of June 1st, 2014. Homeworkers wage are hourly wages paid to employees who do paid work in their own homes. For example: sew clothes for a clothing manufacturer or write software for a high-tech company. The hourly wage is presently set at $11.28/hour but is soon set to change to $12.10 as of June 1st, 2014.

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.

In the United States, there is an hourly wage rate that is set by law, this rate is $7.25 an hour. While there are some states with higher minimum wages such as nine and even fifteen dollars, this is the cause of the controversy. Many people believe that each state in the US should have a minimum wage rate of fifteen dollars an hour. If this were to take place, a high

A dictionary defines the minimum wage as the lowest wage permitted by law or by special agreement. Many states across the nation have different minimums. The highest minimum wages paid in US states is District of Colombia, which is 12:50 hourly, but still, a lot of people are struggling to survive. The majority people live in the United State are get paid with minimum wages. There are two main things about minimum wage, which are raising money for employees, and allowing low payment for the people who are getting paid minimum wages people.

Initially the minimum wage law was introduced to reduce poverty and inequality. Proponents of the Minimum wage do believe that these laws attain to these objectives. They do guarantee that the workers at the bottom level of the pay scale are being treated right and don’t get underpaid as the result of the belonging to a particular race or sex. They also guarantee that the workers are receiving a reasonable compensation from the employer (Cho, n.d.). The proponents of minimum wage also believe that it may have a positive reflection on the work ethics of the low-pay workers, thus it may benefit employers. It is also might encourage more people to join the workforce instead of trying to gain earnings by the means of unlawful methods, such as prostitution, selling narcotics

Minimum wage is different for everyone depending on where they reside and their occupation. We aren't even the only government debating this topic. Many other countries are also facing the minimum wage controversy ("Minimum Wage"). Other parts of

Minimum wage is now at a steady $7.25 per hour and shows no sign of increasing anytime soon. There are states right now at the time that are trying to raise the minimum wage, and see how this will effect the economy of the area.

Wages and work hours are regulated in employment. Wage and hour is usually controlled by the U.S. Department of Labor at the federal level. Over time and minimum wage are some of the things established under wage and hour law. Wage and hour law that’s set at the federal level is done by the Fair Labor Standards Act (FLSA). However, other factors can impact the minimum wage. Wage and hour laws can differ from state to state and even city to city. A vote to create a “living wage” has been a popular idea in many cities. $7.25 per hour is the federal minimum wage currently. Employees who work more than forty hours a week get paid overtime. FLSA standards require overtime pay to be one and a half times the regular pay rate. In 2016 the Department

The minimum wage is the government labour standard that guarantees all workers are paid a base wage. In certain provinces and territories, this law has been in place since 1918. This legislation comes from the Employment Standards Act and Regulation, who come up with a base wage that must be paid to all eligible employees. While an employer can choose to pay wages above the minimum wage, legally employees can’t pay a worker anything less than the minimum wage. This law was created to protect Canada’s minimum wage workers from exploitation and prevent them from poverty and prevent them receiving dismal wages for their labour.

The United States federal government has, over time, raised the country wide minimum wage to $7.25 per hour. This represents the lowest any state can set their minimum wage level. However, some states have chosen to set their own minimum wage higher, such as the $9.47 that Washington has set as

In United States the minimum wage is been set by a network of federal, state, and local laws. Workers are generally been paid no less than the statutory minimum wage as specified by the government. As of July 2009, the federal government officially ordered a nationwide minimum wage level of $7.25 per hour. The federal minimum wage was at its highest at 10 dollars in 1968, as measured in 2014. Since then there were controversial debates over the