Wednesday, May 6, 2020
Why the Minimum Wage Should Be Raised - 1379 Words
What kind of pay would you demand if you were expected to clean dirty toilets, pick up germy trash, and deal with customers who are nasty, rude and disrespectful to you while you are serving them? Would you do it for three dollars an hour? What about seven or eight dollars an hour? Well, many minimum wage jobs involve such duties as these. However, the minimum wage here in Illinois is only $8.25 per hour (US Dept. of Labor, 2014). In Indiana, the state where I work, it is a dollar less than that (US Dept. of Labor, 2014). The following information will discuss reasons why this wage should be increased and the benefits that accompany an increase for all of us regardless to whether we earn the minimum wage or a higher a wage. According to the National Employment Law Project (NELP), one benefit an increased wage would bring would be an improvement in overall productivity resulting in a reduced turnover rate for the company (NELP, n.d.). It makes an employee want to come to work and perf orm at an optimal level if they are being paid well. Basically, the more we are paid, the better we want to perform and the more we will show up for work. Job satisfaction plays a huge role in an employeeââ¬â¢s willingness to commit to a company. If we are satisfied with our employer and the pay, chances are we are going to remain with that employer. That is why this would ultimately reduce the employee turnover rates of companies. Good pay is an extremely important factor in job satisfaction. SomeShow MoreRelatedWhy The Minimum Wage Should Be Raised?1410 Words à |à 6 PagesAmerica raised the minimum wage to $7.25. However, six years later the minimum wage rage remains the same. It is time once again for the federal government to raise the minimum wage to spur the economy. Raising the minimum wage would help the American economy and the daily life of the citizens for a variety of reasons. The first topic is that it not only would help the people but it also would help the ec onomy as a whole. The second topic is that companies are already raising the minimum wage becauseRead MoreWhy Should Minimum Wage be Raised or Why Not?546 Words à |à 2 PagesRaising minimum wages is a contestable issue because it is debated in wide and varied audiences. Minimum wage is near the top of economistsââ¬â¢ interest; they are looking for the connection between low wages and poor job markets. Each country sets its own laws and regulations regarding wages. For this reason, it has significant importance to policy makers and workers in each of those respective countries. Social activists have also found interest in the topic due to the fact that those who earn a minimumRead MoreBenefits of Raising the Minimum Wage Essay614 Words à |à 3 Pageswho works year-round is less than $16,000 (about $15, 080) according to the current federal minimum wage (Rebuilding). To put into retrospect how out-dated the federal minimum wage is, consider that the minimum wage of 1956 amount ed to exactly $7.93 in 2009 (Henderson). How progressive is it that our nationââ¬â¢s workers being paid less today than workers from the 50ââ¬â¢s? The federal minimum wage should be raised in order to assist families out of poverty, to ensure the effort and loyalty of workers, andRead MoreMinimum Wage Should Be Raised935 Words à |à 4 PagesMinimum wage is an ongoing debate in the United States. There are some people who think that it should be raised to a higher rate and others who think that it should not. There are many different pros and cons with raising minimum wage. Minimum wage is at a balanced rate that should not be raised due to lack of skill, low education, and economic problems. Jobs that require minimum wage are created for young adults who are in college or high school. They are to help one get one on their feet so thatRead MoreShould Minimum Wage Be Raised?1062 Words à |à 5 Pagesever pressing question regarding Minimum wage. Not many subjects can ignite a controversy as quickly as that of whether or not minimum wage should be raised, or by how much should it be raised or if it should remain the same. What is minimum wage? By definition, minimum wage is the minimum hourly wage an employer can pay an employee for work. (ââ¬Å"MinimumWage.comâ⬠) Americaââ¬â¢s minimum wage was first introduced by President Franklin D. Roosevelt in 1938. That minimum wage was introduced as part of the FairRead MoreMinimum Wage Should Be Raised1395 Words à |à 6 PagesIn todayââ¬â¢s society, minimum wage is an issue. Itââ¬â¢s whether or not it should be raised or lowered. This interests almost everyone due to the fact that everyone wants to make money and the amount should reflect the work and skills that are put in. The minimum wage is a major antijobs policy. First things first, the minimum wage buys a lot less than it used to. Only Congress can adjust the federal minimum wage, and it doesnââ¬â¢t necessarily increase with inflation. As a result, its buying power has diminishedRead MoreMinimum Wage Persuasive Essay1106 Words à |à 5 Pagesmore than the federal minimum wage? If you said yes then perhaps you are unaware of the many negative effects surrounding a higher minimum wage and after reading this you will be educated on why the minimum wage should not be raised. In the beginning, the minimum wage was created with good intentions. It was originally established in 1938 and was $.25 an hour (Sessions). It was created to make sure that businesses would not take advantage over workers. While the minimum wage was and still is a goodRead MoreMinimum Wages During 21st Century America1649 Words à |à 7 PagesMinimum Wages in 21st Century America In the United States the time has come for the next president to be elected and the political fervor has come early this year with an unconventional, surprisingly interesting primary race. With the coming of a new commander in chief the incessant grilling of the candidates has begun and issues, such as poverty in the United States, are being given the national spot light during debates. The issue of poverty has recently gained traction among citizens as wellRead MoreShould Minimum Wage Be Raised?870 Words à |à 4 PagesShould Minimum Wage Be Raised? Minimum wage has always been a controversial issue. Many politicians use the argument of minimum wage for their own political propaganda. Some may argue minimum wage should be raised, while others believe it will have detrimental effects on our economy if it is raised. Surprising to most people, minimum wage earners make up only a small percent of American workers. According to the Bureau of Labor Statistics, minimum wage workers make up about 2.8% of all workersRead MoreMinimum Wage And The Wage Essay1728 Words à |à 7 PagesRoyer Political Science 120 7 November 2016 Increase Minimum Wage Introduction The United Statesââ¬â¢ minimum wage has been a concerning issue amongst the low wage earners because of the amount they earn is not enough for them to live on their own. Therefore causing the citizens who earn minimum wage to have an impossible time finding a place to stay and expenses for daily survival. Increasing the minimum wage will solve the issues that the minimum wage earners make, thus increasing the chances of survival
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