Living Wage Requirement

Thesis Statement

This paper will describe that with a perfect dwelling salary, a one-by-one employed 40 hours per week (2,080 hours per year) would be adept to pay for nourishment, progeny care, health, lodgings, transport and other costs for his family if he is the sole provider.

Introduction

According to Merriam Webster's Online Dictionary, dwelling salary is characterized as a salary adequate to supply the necessities and luxuries absolutely crucial to an agreeable benchmark of living. According to Neumark and Adams, dwelling salary ordinances taken up by towns normally need those enterprises who have an agreement with the town or who obtain aid from the town to yield their employees a dwelling wage. A dwelling salary calculator to approximate the cost of dwelling in a specific community or district in the U.S. is accessible from Penn State University (see Resources).

 

Discussion and Analysis

According to Merriam Webster's Online Dictionary, smallest salary is characterized as a salary repaired by lawful administration or by agreement as the smallest that may be paid either to engaged individuals usually or to a specific class of engaged persons. In the U.S., smallest salaries are set both nationally and statewide. Effective July 24, 2009, the U.S. government smallest salary was set at $7.25 per hour with an amendment to the Fair Labor Standards Act (FLSA). All U.S. states and territories except Alabama, Louisiana, Mississippi, Tennessee and South Carolina have smallest salary regulations (see Resources).

Certain occupations for example farming and service employees are generally exempt from smallest salary requirements. Also, employees with disabilities can be paid exceptional smallest salaries renowned as commensurate salary rates which are less than the FLSA smallest wage. These salaries are founded on the handicapped worker's one-by-one productivity in evaluation to non-disabled skilled employees in the geographic locality from which the work force is drawn.

According to Fairchild, dwelling salary regulations disagree basically from smallest salary regulations in that they cover only a little subset of employees in a localized jurisdiction while the last cited cover nearly all workers. Furthermore, a dwelling salary is generally connected to the government scarcity grade while smallest salary is not.

According to Neumark and Adams, dwelling salary ordinances can boost the salaries of low-income employees and decrease built-up poverty. However, these ordinances furthermore have powerful contradictory consequences on the paid work of low-wage workers.

According to Abbott and Fairchild, smallest salaries can boost the benchmark of dwelling for the poor, inspire persons to work harder, advance the finances by expanding the expending power of smaller earnings persons, and decline government expending on communal welfare programs like nourishment postage, health protection and subsidized housing. However, they can furthermore hinder companies from being effective throughout financial downturns, injure little enterprises, lead to inflation and tempt poor teenagers to go in the workforce at the total cost of their education.

Decisions made without correct data risk grave consequences. Nowhere is this more factual than in public policy. Nonetheless, town assemblies over the homeland are now producing conclusions on one of the hottest public principle notions in recollection — ...