271
Present wage = 2504% of 250 = 4 x 2.5 = £10Therefore new wage = 250 + 10 + 5 = £265
10% increase.
Increase in wages payable will increase in cash flow because cash is not paid.
£6.86.4pence an hour.
which was to increase the wages
30% off of minimum wages = 30% discount applied to the minimum wages = minimum wages - (30% * minimum wages)
wages should increase as employment increases.
+123.53%
After cutting wages and benefits in order to increase profit
it depends where you live
gross
In a free-market an increase in the supply of labor will reduce wages and increase unemployment. It will also lower the price of produced goods as wages decrease. This effect is complicated by minimum wage laws. If wages cannot decrease due to legislation the effect will simply be an increase in unemployment and prices in the short run will remain static. If the population increase is significant it is possible for the price of goods to increase due to the increased demand for consumer goods.