Minimum Wage
"The federal minimum wage provisions are contained
in the Fair Labor Standards Act (FLSA). The federal minimum wage is $7.25 per
hour effective July 24, 2009." I
believe that $7.25 is not enough for someone to live on. For someone to be able
to support themselves or to support a family I do not think that $7.25 is
enough to make hourly. "Many states
also have minimum wage laws. Some state laws provide greater employee
protections; employers must comply with both." If all states have the same
minimum wage laws it would be fair to everyone. That way others know what it is
like to be making only minimum wage. “38 states introduced minimum wage bills
during the 2014 session; 34 states considered increases to the state minimum
wage.” Having an increase to minimum wage bills can really have a big impact on
society and also on a company. That is because the company might be losing some
of their own money if they did that. The only way to make up for the loss would
be to make higher sales, make possibly more sales, spend more money, or raise
prices. Doing all of that, I believe that is only another way for the company
to receive even more loss than they already have. Although raising minimum wage
bills may seem like an excellent idea, it also might be not so excellent if it
means having to lose money to give to their employers. Minimum wage laws would
be helpful to have them be similar in every state, that way it is only fair to
everyone. If minimum wage laws are different in one state, that might mean that
the minimum wage is better in another state and might cause companies to lose
some of their employees due to possible relocation.
http://www.ncsl.org/research/labor-and-employment/state-minimum-wage-chart.aspx
http://www.dol.gov/whd/minimumwage.htm
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