The Minimum Wage
How people are paid varies from place to place and largely. The most common way of payment is hourly. Therefore, the establishment of a minimum wage is important since the standards of living especially in cities are rising at a very high rate (Neumark et al., 2004). The minimum wage is simply the lowest amount an employee should be paid as he or she works hourly. The wages depend on which state one is and the kind of job involved. For the minimum wage to go up, the federal state or government has to declare.
Further research should take place to determine how people survive and what entails their ways of earning. There are ethical implications due to this issue on the minimum wage. The wages might raise, but people will shun from employing many people to cut the cost spent on salary payment. With low payment then people also tend to find other ways mostly illegal to get money. Therefore, it would be prudent to simply increase the minimum wage rate, and the government ensures they create more job opportunities in various ways to avoid idlers.
Most businesses have employed the minimum wage policy and are running that way. It has been noted that most of the hardworking folks are the lowest paid. Although many have raised an issue and said that as much as someone works at times on is not able to get what he or she exactly needs (Lopresti & Mumford, 2016). That is to cater for all basic needs even if someone decides to have some jobs at once it is quite impossible. Therefore, the best way to invest in the economy is by ensuring the low-income workers are paid well since they are hardworking and will ensure they get something from it.
Their way of spending is also highly monitored because of their understanding of the cost it takes to get to where they are. People have also claimed they can create more business opportunities and do away with much of the need for government assistance. With all these put in place then it is possible to achieve more and also secure the state from many arising issues due to the minimum wage.
There were some ways used to determine whether the sources of the information are credible. First, the author of the given information. According to Taylor, the wages should be increased since not many people have new employees too often. The author is an indicated it is most probably very reliable. In addition to that, one is also able to choose the desired author who is well known for having indicated facts and with good content.
Neumark says that wages are not enough, but when people also uphold high ethical standards, then they will be content with what they get, many people earn a lot and have much in their cup but instead decide to acquire more due to discontentment (Neumark et al., 2004). This source appears to be very reliable due to the indication of dates and timings that were exact, and one can refer to clearly. Neumark also states that a large number would avoid crime with the provision of needs, only a few are greedy.
The possession of a domain makes it reliable. It is almost impossible to balance both aspects but hopes for the best as has been witnessed from time to time. Therefore, work within your ability and live within your means and ensure as an individual one can strike a balance. As an employer promote your employees when the need arises and as an employee support the course for a greater gain and in turn share in the fruits.
Therefore, it is important to at least have some sources to ensure weight on any information given (Schmitt, 2013). Different people have different opinions hence giving one quite a wider perspective of approach to a particular issue. Scholarly articles also ensure that one meets the required standard since they help attain a certain quality of information (Belman & Wolfson, 2014).
They have also helped to ensure authenticity and present ability of a research paper, therefore; it can be used for the future response. Most of the important things to observe are who the author is, the sources, whether he cites contains a domain, its design, and style of writing. An outline of facts and some presently occurring circumstances helps one be able also to certify the information. With all these put in place then the article can be rendered reliable and indeed be used for more than the purpose of being kept but also for reference.
References
Belman, D., & Wolfson, P. J. (2014). What does the minimum wage do? What Does the Minimum Wage Do? 1, 1–456.
Lopresti, J. W., & Mumford, K. J. (2016). Who benefits from a minimum wage increase? Industrial and Labor Relations Review.
Neumark, D., Schweitzer, M., & Wascher, W. (2004). Minimum Wage Effects throughout the Wage Distribution. The Journal of Human Resources, 39(2), 425.
Schmitt, J. (2013). Why Does the Minimum Wage Have No Discernible Effect on Employment? Center for Economic and Policy Research, (February), 1–28.
Taylor, J., & Taylor, R. (2011). Working hard for more money or working hard to make a difference? Efficiency wages, public service motivation, and effort. Review of Public Personnel Administration, 31(1), 67–86.
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