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Raising Minimum Wage Research Paper

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Living on minimum wage with companies that pay with the bare minimum has never been a walk in the park for anyone. Whether you are an individual that lives by yourself or a parent that has children to take care of, minimum wage doesn’t provide enough to live a comfortable life. Many people say that if the minimum wage is raised, there will be negative repercussions. However, there is evidence that shows the complete opposite. This evidence would include how living conditions would improve, happier employees result in better work output, and there would be an increase in sales due to people being able to afford more. Raising the minimum wage to match rates of inflation would benefit and improve lives. The life of someone whose only choice to make a living is through a low paying, minimum wage job isn’t easy. One of these …show more content…

Employees don’t seem as miserable to go to their minimum wage jobs when they feel like they’re being paid fairly for the work they are contributing to. More money for the employees takes stress off their backs because living on minimum wages makes things tight. Raising it will give these employees a bit of wiggle room. Michael Ungar wrote an article on the psychology of what could happen if the minimum wage was raised. In his article, he talks about how family life would be improved because parents will be less stressed. Workers of companies will be less stressed about making ends meet when they have extra money to use as they please. An example of a company that took it into their own hands to show their employees that their work needed to be valued more is Costco. Costco pays their starting hourly employees $11.50 and an average of $20 or more. Their employees are also given health benefits, which makes people even happier when they know they’re covered when they get sick. Companies also benefit from raising the minimum

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