Bob Jordan offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - Content Crooner (www.ContentCrooner.com) has distributed this article on behalf of the author. Content Crooner does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: What Is the Minimum Wage in America Author: Bob Jordan Category: Human Resources, Small Business, Career Word Count: 432 Keywords: minimum wage, income, salary, hourly rate Author's Email Address: [email protected] Article Source: http://www.contentcrooner.com ------------------ ARTICLE START ------------------
Minimum wage is defined as the lowest hourly, daily or monthly wage that employers are allowed by law to pay their employees. It may also be considered the lowest wage workers may request in exchange for their labour. Despite the fact that minimum wage laws have been adopted in many regions throughout the globe, there are many disparate views concerning the benefits and drawbacks of a minimun hourly wage system. Proponents of the minimum wage argue that it increases the standard of living of workers and lessens the prevalence of poverty. Counter positions held by opponents of the wage state that if it is high enough to be effective, it also directly increases unemployment, especially among workers with very low productivity as result of inexperience or handicap. As a result, they believe it is detrimental to lesser skilled workers while benefiting better skilled workers. Minimum wages came about at a time where sweat shops were expanding and basically exploiting the human resource. These sweat shops employed a great number of women and young workers, paying them at a rate that was considerably below par. It was believed that the sweatshop owners had an unfair advantage, therefore incorporating the min. wage system ensured the workers would not be subject to this form of employer exploitation. Soon the minimun hourly rate was expanded to focus on how it could help family life and society in general. Nowadays, minimun hourly wage laws are extended to workers in the lowest paying fields. Despite the widely accepted fact that the principal aim of the minimum wage laws are indeed laudable, debates about its general effectiveness and possible repercussions are often argued vehemently. Since the inception of the minimun hourly rate laws it has been plagued with much controversy politically. While it has gained support from the general public it is seen less favourably by many economists . Its integration into the society over the past few decades has not lessened the intellectually debates that still currently ensue. Several groups have prominent ideological, political, financial, and emotional interests regarding the controversy related to the minimum rate laws. An example of this are the agencies that administer the laws which have a clear interest in demonstrating that their laws do not create any form of unemployment. Likewise labour unions whose member base is protected by minimum wage laws. Because of these factors many arguments and findings on the feasibility of these laws may be somewhat skewed to serve a particular interest. In addition the consequences of minimun hourly wage are hard to discern when other variables that affect unemployment and considered. Please visit this link for more information on What Is Minimum Wage: http://www.quemark.com/what-is-minimum-wage.html and this link for information on Who Is the Richest Man in the World: http://www.quemark.com/who-is-the-richest-man-in-the-world.html. Distributed by http://www.ContentCrooner.com ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
