Category: Minimum Wage

The minimum wage law was intended as a humanitarian act which would stimulate the economy as well. Most agree that employees who work full-time hours should be paid a wage sufficient so as to allow them to provide for their most essential needs which current minimum wage does not accomplish. For workers in Mississippi, for…

Have you ever wondered why our business world has made such a limited progress since independence? Have you ever thought why our nation still is in the list of N11 from last 17 years and still could not be a progressively developing nation? It is because of the limits we set in every sphere of…

The minimum wage is a topic widely debated by both sides of the political spectrum in the United States. But first, what exactly is the minimum wage? Fair Labor Standards Act (FLSA) of 1938 enacted by President Franklin Roosevelt established the minimum wage. The original minimum wage was 25 cents per hour. This amount equates…

The minimum wage is a fundamental labor policy that sets a legal floor for hourly wages, ensuring workers receive fair compensation for their efforts. This essay explores the impact of minimum wage on various aspects of the economy and society. By examining both the advantages and disadvantages of minimum wage laws, we can gain a…

Imagine if you were living off $15,000 per year. You would have a hard time to support your family and have little extra money to spend on enjoyments. You would most likely not be able to go to the grocery store and buy snacks simply because you like them. You would also not be able…

Would you be able to envision yourself working 12-hours per day and just having enough cash to pay for lease and put nourishment on the table for your family? With working every one of those extended periods, you can scarcely stand to cover your utility tabs and from that point onward, you need more cash…

Minimum wage is the minimum hourly wage an employer is allowed to legally pay his or her workers a day. It was created as a direct result of the Fair Labor Standards Act in 1938 and provides a set minimum income. The current minimum wage in the USA is at $7.25 an hour. Although different…

No man can be a good citizen unless he has a wage more than sufficient to cover his basic cost of living (Roosevelt, 1910). This quote as used in a speech given by Theodore Roosevelt, when giving a speech about what he called new nationalism. In this speech he spoke about setting a minimum wage…

Most of exchanges of goods and services, in modern times, said to be dictated by the law of supply and the law of demand. The former being that as prices rise the greater the number of suppliers, willing and able to supply and the later, as price rise, the fewer the number of people willing…

The minimum wage increase has been an ongoing conversation among almost everyone which it should be because it is a very important topic. Increasing the minimum wage has seen many pros and cons. Many people are unaware of what the words minimum wage even mean, and that is the lowest amount of pay that an…