National Minimum Wage
The National Minimum Wage is based on the amount an individual gets per hour, dependent on age and whether an individual is an apprentice or not. The majority of individuals are entitled to this by law however there are some individuals that are exempt from this, these are if the individual is self employed, company directors, volunteers or family members of the employer that are living in the same household (Gov.uk, 2016).
The table below shows the current rate at which the National Minimum Wage stands as of October 2015. This table is updated every October. Under 18's are entitled to receive £3.87 per hour, 18 to 20 year olds are entitled to receiving £5.30 an hour, 21 and over are entitled to receive £6.70 an
Almost everyone who works in the UK is legally entitled to be paid the National Minimum Wage. This is the case even if an employer asks a worker to sign an employment contract at a lower rate of pay. It isn’t necessary to be in full-time employment, or to work at an employer’s premises. For example, you’re entitled to receive the minimum wage if you’re:
How an Increase in the Federal Minimum Wage Would Impact the Single Mom and Ultimately the American Economy.
I support the national minimum wage. I think the minimum wage standard set a baseline for the fairness of pay. Without wage standard, workers can be subject to abuse that may lead to exploitation. There are many people today that count on the minimum wage to help them meet basic human necessity such as food, shelter, and clothing. These workers are the unskilled and the less educated of society. In fact, they are probably the most hardworking people in our society. Policy makers would often take an example of families who work two or three jobs to meet ends meet to justify why minimum wage should increase to lift these families out of their situation. What policy makers fail to realize is that no matter how much you increase the minimum
Money. Money is how we are able to eat and drink. It is how we stay clothed in different climates. Money is how we have a roof over our head. Money is what we earn from jobs and then, in turn, we recycle it back into the economy. A salary is how we get from point A to point B quickly and efficiently. Money is in a constant cycle of being in one person’s hands, going to someone else’s hands, and one way or another, coming back to the first person. Almost everything in this world can be boiled down to money. And in America, when you are employed, there is a minimal amount of money someone must pay you for your employment. This minimum wage is the base pay rate any American can earn. The minimum wage in America is supportive of the economy
Minimum wage laws will always affect supermarkets as generally many of their staff would be paid minimum wage. Under the National Minimum Wage Act of 1998 all employers must pay their employees a certain amount per hour as set by the UK Government. The main rate of National Minimum Wage which applies to workers aged 22 and over and is currently £5.80 per but will raise £5.93 in 2010 (Directgov 2010).
WASHINGTON D.C. President Barack Obama has shouted on Congress to raise the combined minimum wage, the centerpiece proposition at the State of the Coalition address that concentrated on commercial inequality in America. Pointing out that the present minimum of $7.25 is nearly 20% lower in real paying manipulation than it was 25 years ago, he impelled legislators to prop a bill that should hold the nationwide rate to $10.10. We additionally have to do extra to safeguard our economy distinctions the dignity of work and that hard work pays off for all of our citizens. Americans overwhelmingly concur that no one who works maximum period ought to ever have to raise a relation in poverty.
The question whether we should raise the minimum wage came up a lot in the last election. In fact, politicians and the media have of course done an amazing job at polarizing the issue. Most people may know that the federal minimum wage in the U.S. is currently $7.25 an hour, but there are about 29 states that have their own minimum wages that are higher than the federal requirement. States such as Massachusetts and California go as high as $10 dollars per hour. Actually, some cities like Washington, DC and Seattle have passed an even higher minimum of $15 per hour. Although the minimum wage is an important issue, unfortunately, it is usually grossly oversimplified by both proponents and opponents. Before deciding
In United States the minimum wage is been set by a network of federal, state, and local laws. Workers are generally been paid no less than the statutory minimum wage as specified by the government. As of July 2009, the federal government officially ordered a nationwide minimum wage level of $7.25 per hour. The federal minimum wage was at its highest at 10 dollars in 1968, as measured in 2014. Since then there were controversial debates over the
Minimum wage has been a continuing matter since its first establishment, and it is something everyone faces. Though, the recurring problem being brought up again and again is the issue of being underpaid, and is the set minimum wage fair? And will raising minimum wage be more beneficial or harmful in the long run? Through its history can society better understand and find a solution to this problem. Minimum wage was not instituted in the United States until the 1920s, and the idea of wages being determined by the hour was introduced in the 1930s. The Fair Labor Standards Act was born and passed through the Supreme Court in 1938, as well as the Wage and
National minimum wage is the lowest wage per hour which an employee is eligible to in the UK. The national minimum wages are changes yearly by the Government of UK. The national minimum wage is different to all workers at different ages. For example; for Apprentice wage is £3.50 per hour, Under 18 wage is £4.05, 18 to 20 wages is £5.60, 21 to 24 wages is £7.05 & finally 25+ wages is £7.50. UK is formerly at the highest amount in 15 years when referring to minimum wage per
In the United States, there is an hourly wage rate that is set by law, this rate is $7.25 an hour. While there are some states with higher minimum wages such as nine and even fifteen dollars, this is the cause of the controversy. Many people believe that each state in the US should have a minimum wage rate of fifteen dollars an hour. If this were to take place, a high
The controversy over what to establish as the official minimum wage in the United States has been debated and argued over for many years. Due to inflation, the gradual increase of pricings due to a saturation of printed currency, the minimum wage for workers has to be increased in order to compensate for the ever-fluctuating value of the U.S. Dollar. Many today are rising to the conclusion that a minimum wage of fifteen dollars an hour is necessary. This motion is designed to keep those who have minimum wage income out of poverty and to increase the amount of money in the consumer’s pocket overall. However, this particular increase in minimum wage will lead to the inevitable downfall of the United States’ economy and be a catastrophe for the working class.
According to the Center for American progress website, Washington State reported in 2014, the population was 6,927,889 and the number of people in Washington was 931,619. This means that 13.2% of people in Washington had income below the poverty line and 17% of children under age 18 in related families had income below poverty. Poverty is an issue that impacts many people and makes it harder to obtain the basic needs in order to survive in the United States. Especially living off of minimum wage, which is $9.47, in the state of Washington. This minimum wage salary is not one you can easily survive with especially with a family. A family of one adult and child, living off of minimum wage, working 40 hours per week struggles to make their monthly
The national minimum wage was introduced in the UK in April 1999 by the Labour government. Essentially it formed a major part of their manifesto as it convinced the average population that Labour were beneficial for everybody. However, they would argue against classical economics and suggest there are wide spread benefits to be gained. The main argument is that the NMW would alleviate poverty across the country.
Currently, the federal minimum wage sits at $7.25 per hour. (Alison Doyle). The debate is whether or not the minimum wage should be increased to $15 per hour. Larger states, such as California and New York, are preparing to raise their minimum wage to $15 per hour in the coming years. (Kate Rogers). Due to the size and population of states such as these, a minimum wage increase could actually be beneficial in increasing revenue and the standard of living for many employees. The majority of the United States is not as fortunate and vastly populated as states such as these. Therefore, an increase in the minimum wage could result in layoffs and reduced hiring. (Doyle). Overall, the minimum wage should not be increased to $15 per hour.