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Why The Minimum Wage Should Be Raised

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People in society must work in order to make a living, whether they have a highly skilled job, such as nursing or even lower skilled job such as working at fast food restaurant, they all must work to sustain themselves and their family. Many people who work in these low skilled jobs, get paid much less than the higher skilled jobs, however there are laws to protect these unskilled works, such as minimum wage. Minimum wage is the minimum hourly wage that an employer can pay its employees, preventing employees being exploited by their employers. Changing the minimum wage has positive and negative effects for both the workers, and businesses which makes raising minimum wage controversial. Microeconomics would be improved by raising the minimum …show more content…

In many studies recorded by Raise the Wage, it states that, when the San Francisco Airport had a raise in pay, employee turnover drastically dropped from 95% to 19%. As well as 35% increase in working performance, employee morale improved 47%, 44% drop in for disciplinary issues, and customer service improved 45%. However this is not only the San Francisco Airport is not the only place where improvements were found in employees, by raising their pay; home care workers located in Bay Area also had turnover drop by 57%, and in Los Angeles there was an average 17% lower rates of turnover in firms where pays were higher. Fast-food employees were also employed longer and were commonly found to have full-time jobs when minimum wage was raised. Many companies including Costco, have taken notice of the improvements in workers when payed higher, a Business for a Fair Minimum Wage stated, “[h]igher wages benefit business by increasing consumer purchasing power, reducing costly employee turnover, raising productivity, and improving product quality, customer satisfaction and company

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