Minimum Wage Laws Should Be Legal - 900 Words

Minimum wage bill majorly refers to a price control that is imposed by the government. The price control concept set a floor indicating what the minimum price must be paid or be imposed on certain services or goods (Murphy). The main aim of a government setting up price controls is always to ensure individuals or employers of a certain job group receive fair wages. Also, the minimum wage laws are mostly used by the federal government to ensure a basic quality of life among all the countries citizens. This aspect is to establish a fair level of economic equality instead of having copious amounts of poor or underpaid citizens (Vitez). It is further important to note that these minimum wage laws can often be used to force companies to pay equally all individual regardless of sex creed or race. Above all this, it is my opinion that the concept of using minimum wage laws to ensure that workers who are mostly unskilled get enough income to provide for their daily activities is very unnecessary. This aspect can mostly be explained using the demand and supply concept. The force of demand and supply mainly exist in the unskilled workers market that mostly operates under the minimum wage law. The unskilled workers price is based on the hourly wage that they are paid. Based on this aspect, it is important to note that the wage equilibrium occurs at that point where the number of unskilled that desires a job usually equals the number of jobs that the employers offer (Kane). One majorShow MoreRelatedThe Framers Of The Constitution930 Words   |  4 PagesSupreme Court interpretation. Enumerated Powers, are the powers that are listed in the Constitution, which the Congress can hold to. Implied power is the last clause of the Article I, Section 8, of the Constitution. It states that Congress my pass any law that is â€Å"necessary and proper† in order to be able to â€Å"carry out its foregoing powers†. Banks are one of the examples in which the Congress used implied powers. In the case, McCulloch v. Maryland (1819) was held that the Second Bank of the United StatesRead MoreThe Implementation Of The Minimum Wage1356 Words   |  6 Pagesthe ones departing from the classical legal top-down approach; and it constitutes the basis for the argument that an effective system for implementing minimum wage should combine soft mechanisms (such as persuasion and capacity building) and hard mechanisms (e.g. sanctioning), as well as measures to empower workers. 3.1 Disambiguation of terms: Compliance, Implementation and Enforcement The scope of this paper is to illustrate how compliance with the minimum wage can be achieved. In the present frameworkRead MoreEmployment Law Essay1220 Words   |  5 PagesArizona Employment Laws Clapton Commercial Construction is planning on expanding their current business to a new state. They currently do business in Michigan and are planning on expanding to Arizona. There are ten employment laws in Arizona that Clapton Commercial Construction should be made aware of in order to get their HR department up to speed before expanding to the state of Arizona. These are laws regarding required postings, minimum wage, overtime, meals and breaks, vacation leave, sickRead MoreThe Challenges of Implement a Minimum Wages Policy1077 Words   |  5 PagesCreating a so called â€Å"culture of compliance† among employers (Skidmore 1999: 435) is a low-cost strategy for facilitating the self-enforcement of minimum wage. This strategy implies the construction of persuasive arguments in favor of the minimum wage and the appeal to common values and beliefs such as, for instance, the principle of â€Å"fair pay – fair play†. Here, two main strategies for building commitment among employers can be identified. First, persuasive processes at the interpersonal levelRead MoreThe Effects of Raising the Minimum Wage on US Economy1507 Words   |  6 Pagesyear, the minimum wage has been increasing from less than a dollar to $7.25 now. The question that comes to everybody is that should we increase the minimum wage by too far. Does the minimum wage increase reduce the unemployment since now the current wage is high enough? Some people might think that we should increase the minimum wage in order to increase the labor supply. However, if we think deeply than this, there are more disadvantages than advantages of increasing the minimum wage. The fartherRead MoreThe Case Of Martinez V. Reemployment Assistance969 Words   |  4 Pagesto pay unemployment insurance to help cover the costs of unemployment payments when employees are terminated. Business Legal Resources (2013) reviews the case of Martinez v. Reemploym ent Assistance Appeals Commission, Fla, which brought to light that the employer was not properly compensating Martinez according the the Fair Labor Standards Act by paying lower than minimum wage. Martinez had voluntarily quit his employment due to not being compensated property, however was denied based on the technicalRead MoreRaising The Federal Minimum Wage799 Words   |  4 Pages In the US, President Barack Obama urges Congress to raise the federal minimum wage to $10.10 an hour from $7.25. Although some Republicans oppose to this action, overwhelming majority of Americans see that is a good idea (The Guardian, 2014). Regarding to the issue of minimum wage, there have been lots of debates for a long time. Some economists such as Milton Friedman deeply believe that minimum wage kills jobs, but some like Alan Krueger and David Card think, to some extend, it actually increasedRead MoreMinimum Wage Laws Do Not Meet The Basic Needs Of People850 Words   |  4 Pagesthen a st andard wage should be enforced much like the birth of minimum wage laws. However, now minimum wage laws need to either evolve or a new mechanism needs to be put in place. In this paper is the exploration of living wages in today’s modern society and how efficient they are. Thesis: Federal minimum wage laws do not meet the basic needs of people, because of this; the right to a standard of living is not achieved. There is a certain standard of living that each person should live by where theyRead MoreBusiness Law: Moral Minimum1382 Words   |  6 PagesThe Moral Minimum: A Complex Standard Each person has a set of personal values and morals that they hold themselves accountable to, whether for religious reasons or the result of years of environmental conditioning. These standards of behavior often go above and beyond the laws set in place by government. Just like individuals, a business entity chooses a standard of moral behavior to uphold. A difficult task to undertake, considering businesses are comprised of people with varying behavioralRead MoreArgumentative Essay On Minimum Wage1314 Words   |  6 PagesThe minimum wage has arguably become the most controversial topic regarding our economy today, as it influences one of the largest classes of people within the United States, the working class. Federally, the minimum wage has not been raised in eight years, so it has stayed at $7.25 per hour for all non-exempt workers (U.S. DoL). The opinions on this topic are typically split across a progressive-conservative line, with progressives being in favor of a raise from $7.25, and conservatives wanting