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What would be a normative statement concerning the minimum wage?
A normative statement concerning the minimum wage is that it should be set at a level that allows individuals to meet their basic needs such as housing and food without relying on public assistance. It should also be high enough to reflect the cost of living in a particular area and should be adjusted periodically to account for inflation. Additionally the minimum wage should be set at a level that does not reduce job opportunities for those earning it. Minimum wage should be set at a level that allows individuals to meet their basic needs Minimum wage should be high enough to reflect the cost of living in a particular area Minimum wage should be adjusted periodically to account for inflation Minimum wage should be set at a level that does not reduce job opportunities for those earning itSetting the minimum wage at an appropriate level is an important part of ensuring economic fairness and protecting the livelihoods of those who are unable to earn higher wages.
Does Raising the minimum wage is likely to cause a shortage of people willing to work?
Yes, Now a days Inflation rate is increases very fastly but the wage rate is increases as much they should increase. The cost of every thing is rises. So the raising the minimum wage is likely to cause a shortage of people willing to work.
How is a fair wage determined?
There is no formula to determine minimum wage. Minimum wage is based on a few things such as inflation, unemployment rate, and cost of living. The main person who determines minimum wage is mainly determined by the sponsor of the wage bill.
Minimum wage in the 1920s?
what was the minimum wage in the 1920
What is the minimum wage in Idaho?
The minimum wage in the state of Idaho is $7.25 an hour, the same as the federal minimum wage. This minimum wage was enacted in 2007.
What is the minimum wage in Florida?
The minimum wage in Florida is $7.93 as of January 2014. This rate is adjusted regularly based on the rate of inflation.
What is the minimum wage in Colorado?
The minimum wage in the state of Colorado is $8.00 an hour as of January 1, 2014. For tipped employees, the minimum wage is $4.98 per hour.The minimum wage is to be adjusted annually for inflation.
Most countries around the world have some sort of minimum wage law Explain why the minimum wage may hurt workers as much as help them?
Minimum wage may hurt a worker if the rate of inflation is higher than the minimum wage.
What would be a normative statement concerning the minimum wage?
A normative statement concerning the minimum wage is that it should be set at a level that allows individuals to meet their basic needs such as housing and food without relying on public assistance. It should also be high enough to reflect the cost of living in a particular area and should be adjusted periodically to account for inflation. Additionally the minimum wage should be set at a level that does not reduce job opportunities for those earning it. Minimum wage should be set at a level that allows individuals to meet their basic needs Minimum wage should be high enough to reflect the cost of living in a particular area Minimum wage should be adjusted periodically to account for inflation Minimum wage should be set at a level that does not reduce job opportunities for those earning itSetting the minimum wage at an appropriate level is an important part of ensuring economic fairness and protecting the livelihoods of those who are unable to earn higher wages.
If I make 7.25 an hour and the governor raised minimum wage to 9.15 indexed to inflation should I be getting a raise?
When the governor raises the minimum wage to 9.15 per hour, you will get a raise as soon as the law goes into effect.
What should the Florida minimum wage posters include?
Florida minimum wage posters should have the state minimum wage information. An employer is required by law to post this information.
Does Raising the minimum wage is likely to cause a shortage of people willing to work?
Yes, Now a days Inflation rate is increases very fastly but the wage rate is increases as much they should increase. The cost of every thing is rises. So the raising the minimum wage is likely to cause a shortage of people willing to work.
If your state raises the minimum wage will your pay increase?
if you are on the minimum wage, then yes, your pay should reflect that.
How can I get a minimum wage poster in Vermont?
It is a legal requirment to have minimum wage posters hung. You should contact www.labor.vermont.gov for details.
How is a fair wage determined?
There is no formula to determine minimum wage. Minimum wage is based on a few things such as inflation, unemployment rate, and cost of living. The main person who determines minimum wage is mainly determined by the sponsor of the wage bill.
How much does the Apple Valley Dairy Queen pay?
they should pay atleast minimum wage if not more they should pay atleast minimum wage if not more
Should minimum wage be implemented?
yes we have to implement
