The Economics of Minimum Wage One might ask‚ what is minimum wage? Minimum wage is the lowest hourly amount an employer can pay an employee. There may be some exceptions based on the type of worker. There are two kinds of minimum wage rates‚ state and federal. Right now‚ the current minimum wage is $7.25 per hour. In some states‚ minimum wages are higher than the federal rate. Workers are paid the higher amount in those locations. Minimum wage has been a hot subject among the policy makers and
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Some people may support minimum wage legislation because they believe it will help struggling workers to make ends meet. What do you think about that? Minimum wage‚ as a kind of price floor‚ refers to the least amount of money that employers can legally pay labors for per hour of work. Therefore‚ government sets a price that is under the market equilibrium price in order to reduce the poverty and ensure that young employees and minority will not be treated unequally. However‚ those aimed goals
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I believe that minimum wage should be raised. One reason is it would not only be better for the worker‚ but it would also affect the worker’s families in a positive way. If a worker is bringing home more money they will be able to better support their family. They would be able to buy more groceries and necessities that the family would need. Another reason we should raise minimum wage is it would be good for the economy. If a worker were to bring home more money they would be able to spend more
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on the Rights of the Child. Migration can be an important determinant for child labour. The recently adopted Roadmap for Achieving the Elimination of the Worst Forms of Child Labour7 recognizes the need to address child vulnerabilities related to migration. In article 5 it states: ‘Governments should consider ways to address the potential vulnerability of children to‚ in particular the worst forms of child labour‚ in the context of migratory flows’. Based on a desk review of literature and
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at adults. This is because adults have the ability to voice out and take action against child labour in the society‚ they are able to give a helping hand to the children. This speech also aims at middle to high-income groups as Kelley is trying to draw their attention towards the issue of child labour. The purpose of the speech is to inform people about the consequences and negative impact of child labour on children. Most importantly‚ Kelley makes effective use of language‚ numerical figures and
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Compulsory primary education for tackling the problem of child labour This reader maintains‚ and has written to this effect in the Bulletin and elsewhere‚ on a number of occasions‚ that non-implementation of the programme of universal primary education and not putting this social welfare programme first on the list of priorities has rendered India vulnerable in all fields; and child labour can not be eliminated unless the child in sent to his/her rightful place - the school. Today‚ except Kerala
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Labor Unrest at Toyota India On January 08‚ 2006‚ Toyota Kirloskar Motor Private Limited (TKM) announced an indefinitelockout of its vehicle manufacturing plant at Bidadi located near Bangalore‚ Karnataka. Thedecision was taken following a strike‚ which had entered its third day‚ by the ToyotaKirloskar Motor Employees Union (Employee Union)‚ the only company recognized union.The lockout notice stated that the strike was illegal as the Employee Union did not give themandatory 14 day notice period
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I completely agree with this statement because these actions demonstrate to workers that they are treated fairly and any concerns they may have are listened to and dealt within an appropriate manner. I think constructive‚ two-way communication builds an environment of trust and strengthens the relationships between the supervisors and employees. As long as employees feel that their voice is being heard and the appropriate action is being taken‚ then they should feel good about the fact that their
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THE ERADICATION of child labour from our society seems to be a herculean task at this moment. However‚ with determined efforts on the part of both Central and state governments along with the help of various national and international societies‚ it seems that change can be brought about to make everyone believe that children are the treasures for future and they are not born to work; they are born to learn‚ play and enjoy their childhood. My focus on this article is based on a related article
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Child labour in India Of 12.6 million children in hazardous occupations‚ India has the highest number of labourers in the world under 14 years of age.[1] Although the Constitution of India guarantees free and compulsory education to children between the age of 6 to 14 and prohibits employment of children younger than 14 in any hazardous environment‚ child labour is present in almost all sectors of the Indian economy[2] Companies including Gap‚[3] Primark‚[4] Monsanto[5] etc have been criticised
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