The Challenges of Implement a Minimum Wages Policy

also stated that “this is the defining challenge of our time (The White House, 2013).” The “challenge” he was referring to the ability of the economy to work for all working Americans. Currently, with the income distribution inequality facing the United States, one could argue that the economy is not functioning for everyone. President Obama feels that in order to decrease the income inequality and improve mobility, the government must step in and put policies in place. Without government intervention

limited there still exist challenges especially when it comes to dealing with the company’s human resource. The sales are doing well but as the management we need to evaluate any strategies that we can implement to further motivate our employees. The first step is to pin point the problems currently being encountered in the human resource department and the level we want to achieve in the future. After evaluation of the problem, I will conduct research on modern workable policies that can be employed

Rise in minimum wage has several impacts apart from unemployment. The minimum-wage workers would have to pay more taxes and receive fewer benefits if they are subjected to rise of minimum wage. The federal marginal rate for tax is 32 percent on an average for low earning members. This would amount to almost one third of the income of a worker. The tax rate is quite high for low paid workers. The rise of minimum wage would also reduce some of the advantages and leverages that the low-wage workers

approach; and it constitutes the basis for the argument that an effective system for implementing minimum wage should combine soft mechanisms (such as persuasion and capacity building) and hard mechanisms (e.g. sanctioning), as well as measures to empower workers. 3.1 Disambiguation of terms: Compliance, Implementation and Enforcement The scope of this paper is to illustrate how compliance with the minimum wage can be achieved. In the present framework, the term “compliance” is used as in Young’s definition:

The impact national minimum wage would have on South Africa’s income inequality should it be implemented. South Africa is still considered one of the countries which still consist of high income inequality. Economists argue that inequality is the most unavoidable part of the economic development and that it continues to increase in developing countries due to economic growth (Keeton, 2014). Inequality is a problem in countries such as South Africa, because it shifts the attention from bigger and

greatest challenges facing my generation will be to carry-out a sea-change in economic philosophy and to balance wealth distribution to a point which is equitable while still incentivizing. Laissez-faire economies will naturally diverge. In the absence of external shocks, the middle-class diminishes over time while the wealthy will accumulate capital. In the past century, the American middle-class benefited from the erosion of traditional powers in war-torn Europe and expansionary policies passed

Three – Power to the people The third and final alternative minimum wage is to allow the local people in the community vote on a living wage. This alternative would put all the power in the hands of the people; allowing them to decide what is best for their neighborhoods. If the people are allowed to vote in such matters, they will be permitted to use their voice and at the very least express their concerns with the gaps in minimum wage and cost of living in their community. However, there are drawbacks

Americans that deny the fact that the country is in a state of despair, the only likely way out is to change how the government assists the deprived and to educate the unknowing. Policy makers have the ability to implement new initiatives that would decrease if not eliminate the underclass within America. By implementing new policies such as more flexible jobs as well as aiding with savings, this could entice the underclass to build wealth and instill a sense of hope and fortune, something the poor have

This research paper will be addressing minimum wage and the comparison and correlation of it from when it was first instituted through the Fair Labor Act of 1938 to now in 2015. This paper will also go into the inequality of pay concerning women as well. Some factors that I’m focusing on are instances that have affected minimum wage, firstly the affect that unions had in guaranteeing the continuing rise of minimum wage along with inflation until it began to stagnate in the 1970s, which seemed to

2017 Raise the Wage In response to many businesses paying their workers the smallest amount possible, President Franklin D. Roosevelt said, “No business which depends for existence on paying less than living wages to its workers has any right to continue in this country”. Franklin D. Roosevelt was the president of the United States during the Great Depression and through his New Deal, which incorporated the first federal minimum wage, he strengthened the economy. In 1938 the minimum wage was only 25