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If a business can not pay the minimum wage because they are not making enough money to do so can the employees still work there without the minimum wage?
As an employee, you can't get in trouble for accepting less than minimum wage, although no matter how much money the business is making, it can still get in trouble for not paying it. Try to find a job working for someone more responsible; anyone paying less than minimum wage might very well stiff you.
What else can I help you with?
Do ethics have no place in business?
this is an extreme argument-consider its opposite:there can be no business without ethics.there has to be a minimum level of trust to make business work -otherwise you need contracts for everything.ethics simply means being honest,decent,not cutting corners,playing by the rules.
Why is profit important for a business?
profit is important for a business because without profit there is no business. they need to generate profit to keep the business alive. profit well help the move up the business ladder to become a more successful business !
Why does businessman willingly undertake business risk?
Businessmen willing take risk because they are well aware that without risk there is no gain in business. However, the risk has to be taken after considering all aspects and pitfalls if any so that even if there is any possibility of loss, the same can be kept to the minimum. The reason for such loss has to be ascertained so that the same can be overcome in the next venture.
Why is capital important to business?
Capital is crucial to business because it provides the necessary funds for operations, investments, and growth. It enables companies to purchase assets, hire employees, and develop products or services. Without adequate capital, businesses may struggle to sustain themselves, innovate, or respond to market changes, ultimately impacting their competitiveness and long-term viability. In essence, capital acts as the fuel that drives business activities and expansion.
Why does tesco have aims?
A business without aims is a business planning to fail
How does the community affect a business?
they could be potential employees and customers who can help the organisation be successfully. without the community there would be no business
Why is a small business network important?
Small business networks are important for a few reasons. They allow information to be passed between employees without hassle. They also provide a secure network that only employees can access.
Why should my business use cloud computing?
You should use cloud computing because your employees can access any files from anywhere. They can work from home or the office without much of a hassle.
Some have argued that the objective of a business organization is to just make profit?
The statement is true (with the exception of the word just) because without a profit, a business does not exist. If the business is making a profit, then other things can also be an objective of the business, such as jobs for people, a source of revenue for the community from the business and its employees being consumers of local goods and services, tax revenue derived from the business and its employees, and any number of other benefits. But if the company does not make a profit, none of the other objectives are possible.
Why did WikiAnswers fire all its Israeli employees?
Because Ans-wers.com's buyer is a company without responsibility to its employees outside the USA.
How does businesses affect the community?
they could be potential employees and customers who can help the organisation be successfully. without the community there would be no business
Buying Wholesale Luggage for Your Employees?
If you are a business owner who has many employees that are expected to travel frequently, consider purchasing wholesale luggage for your employees. Your employees will appreciate not having to buy or use their own personal luggage for business travel, since the luggage of frequent business travelers tends to get damaged over a period of time. You can purchase wholesale luggage for your employees at a discount price and give it to your employees as a thank you gift or for a job well done. You can show your employees how much you appreciate them without having to break the budget when you purchase wholesale luggage.
What is business statistc?
There are many statistics related to business. One is gross profits. Another is net profits. Another statistic is without a doubt, the number of employees a business has. The number of years in business is another important factor.
What is a one man business?
A one man business is a business that is run and managed by a single person only. Most of the time, this can also mean businesses without any employees that is run and managed by the owner.
Does standard life care about its employees?
It is hard to say if Standard Life Inc. cares about its employees without working there myself. However, they have been in business a long time and even let interns work there.
What is mean by minimum operating cash balance?
The minimum operating cash balance refers to the lowest amount of cash a business needs to maintain in order to cover its day-to-day operational expenses without running into liquidity issues. This balance ensures that the company can meet its short-term obligations, such as paying suppliers and employees, while also allowing for unforeseen expenses. Maintaining this minimum level of cash helps prevent cash flow problems and supports financial stability.
How does a union influence minimum wage and unemployment insurance?
An increase in the minimum wage would mean that employers would have to pay some employees more. If the company is already struggling to make ends meet, an increase in the minimum wage might result in layoffs because the company is unable to pay the new required wage rate.
